US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Up 100.5% in April

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 40,192 shares, an increase of 100.5% from the April 15th total of 20,041 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 38,348 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Marshall & Sterling Wealth Advisors Inc. boosted its holdings in US Treasury 12 Month Bill ETF by 76.6% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 27,011 shares of the company’s stock worth $1,353,000 after purchasing an additional 11,716 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its stake in US Treasury 12 Month Bill ETF by 8.3% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 149,397 shares of the company’s stock valued at $7,481,000 after buying an additional 11,509 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of US Treasury 12 Month Bill ETF by 6,810.5% during the 4th 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 period.

US Treasury 12 Month Bill ETF Trading Up 0.0%

Shares of US Treasury 12 Month Bill ETF stock traded up $0.01 during trading on Monday, hitting $50.11. 109,397 shares of the company’s stock traded hands, compared to its average volume of 45,787. US Treasury 12 Month Bill ETF has a 1 year low of $49.97 and a 1 year high of $50.33. The business has a 50-day simple moving average of $50.13 and a 200-day simple moving average of $50.19.

US Treasury 12 Month Bill ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 29th. Stockholders of record on Tuesday, April 28th were issued a dividend of $0.1466 per share. The ex-dividend date of this dividend was Tuesday, April 28th. This is a boost from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

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.