US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Sees Large Increase in Short Interest

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 9,000 shares, an increase of 181.3% from the November 30th total of 3,200 shares. Based on an average trading volume of 44,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wealthquest Corp increased its holdings in shares of US Treasury 12 Month Bill ETF by 3.4% in the third quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock valued at $33,472,000 after purchasing an additional 21,813 shares in the last quarter. 49 Wealth Management LLC boosted its position in US Treasury 12 Month Bill ETF by 23.2% in the 3rd quarter. 49 Wealth Management LLC now owns 215,897 shares of the company’s stock valued at $10,852,000 after buying an additional 40,632 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in shares of US Treasury 12 Month Bill ETF in the 3rd quarter valued at $1,357,000. Finally, Nations Financial Group Inc. IA ADV bought a new stake in shares of US Treasury 12 Month Bill ETF during the third quarter worth $3,525,000.

US Treasury 12 Month Bill ETF Trading Up 0.0 %

OBIL stock traded up $0.02 during midday trading on Friday, reaching $50.16. 39,656 shares of the company’s stock traded hands, compared to its average volume of 41,003. The company has a 50-day simple moving average of $50.06 and a two-hundred day simple moving average of $50.02. US Treasury 12 Month Bill ETF has a 1-year low of $49.65 and a 1-year high of $50.31.

US Treasury 12 Month Bill ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were paid a $0.1607 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.93 dividend on an annualized basis and a dividend yield of 3.84%.

About US Treasury 12 Month Bill ETF

The US Treasury 12 Month Bill ETF (OBIL) is an exchange-traded fund that is based on the ICE BofA US 1-Year Treasury Bill index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 12-month US Treasury bill. The fund is designed for those specifically required to track the 12-month tenor on the yield curve OBIL was launched on Nov 15, 2022 and is managed by F/m Investments.