US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Update

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 34,300 shares, an increase of 115.7% from the February 28th total of 15,900 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 42,300 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of US Treasury 12 Month Bill ETF

Institutional investors have recently made changes to their positions in the stock. 49 Wealth Management LLC lifted its position in US Treasury 12 Month Bill ETF by 27.9% during the fourth quarter. 49 Wealth Management LLC now owns 276,194 shares of the company’s stock valued at $13,826,000 after purchasing an additional 60,297 shares during the period. Wealthquest Corp lifted its holdings in shares of US Treasury 12 Month Bill ETF by 4.9% during the 4th quarter. Wealthquest Corp now owns 700,602 shares of the company’s stock valued at $35,072,000 after buying an additional 32,689 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in shares of US Treasury 12 Month Bill ETF by 22.8% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 86,109 shares of the company’s stock worth $4,311,000 after buying an additional 15,985 shares during the last quarter. Finally, Crews Bank & Trust bought a new stake in shares of US Treasury 12 Month Bill ETF in the fourth quarter worth $160,000.

US Treasury 12 Month Bill ETF Stock Performance

OBIL traded up $0.04 during trading on Friday, hitting $50.20. 35,765 shares of the company’s stock traded hands, compared to its average volume of 41,854. The company’s 50 day simple moving average is $50.11 and its two-hundred day simple moving average is $50.10. US Treasury 12 Month Bill ETF has a 12-month low of $49.65 and a 12-month high of $50.31.

US Treasury 12 Month Bill ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1698 per share. The ex-dividend date was Monday, March 3rd.

US Treasury 12 Month Bill ETF Company Profile

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.