Short Interest in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Declines By 63.6%

Posted by Teresa Graham on Nov 13th, 2024

US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Get Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 26,700 shares, a decline of 63.6% from the October 15th total of 73,400 shares. Based on an average daily volume of 47,600 shares, the short-interest ratio is currently 0.6 days.

US Treasury 12 Month Bill ETF Trading Up 0.1 %

NASDAQ:OBIL traded up $0.04 during trading hours on Wednesday, reaching $50.03. The company had a trading volume of 48,284 shares, compared to its average volume of 41,343. US Treasury 12 Month Bill ETF has a 1-year low of $49.65 and a 1-year high of $50.31. The business’s 50 day moving average price is $50.11 and its 200-day moving average price is $49.95.

US Treasury 12 Month Bill ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1607 dividend. This represents a $1.93 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

Institutional investors have recently modified their holdings of the company. GoalVest Advisory LLC purchased a new stake in shares of US Treasury 12 Month Bill ETF during the 3rd quarter worth $1,357,000. 49 Wealth Management LLC boosted its holdings in shares of US Treasury 12 Month Bill ETF by 23.2% in the third quarter. 49 Wealth Management LLC now owns 215,897 shares of the company’s stock valued at $10,852,000 after acquiring an additional 40,632 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new position in US Treasury 12 Month Bill ETF in the third quarter worth $3,525,000.

US Treasury 12 Month Bill ETF Company Profile

(Get Free Report)

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.