Short Interest in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Declines By 65.8%

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 10,980 shares, a decrease of 65.8% from the June 15th total of 32,143 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 56,516 shares, the short-interest ratio is currently 0.2 days.

US Treasury 12 Month Bill ETF Trading Up 0.1%

Shares of NASDAQ:OBIL traded up $0.03 on Wednesday, reaching $50.09. The company had a trading volume of 56,025 shares, compared to its average volume of 44,193. US Treasury 12 Month Bill ETF has a 52-week low of $49.97 and a 52-week high of $50.33. The firm’s 50 day simple moving average is $50.07 and its 200-day simple moving average is $50.15.

US Treasury 12 Month Bill ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.155 per share. The ex-dividend date of this dividend was Monday, June 29th. This is an increase from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

Hedge Funds Weigh In On US Treasury 12 Month Bill ETF

Large investors have recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV boosted its position in shares of US Treasury 12 Month Bill ETF by 1.6% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 137,888 shares of the company’s stock worth $6,921,000 after purchasing an additional 2,154 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. increased its position in US Treasury 12 Month Bill ETF by 76.6% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 27,011 shares of the company’s stock valued at $1,353,000 after buying an additional 11,716 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in US Treasury 12 Month Bill ETF by 6,810.5% in the fourth quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock valued at $694,000 after buying an additional 13,621 shares during the last quarter.

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.