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

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 26,770 shares, an increase of 143.8% from the June 30th total of 10,980 shares. Based on an average daily volume of 34,971 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are sold short.

US Treasury 12 Month Bill ETF Price Performance

Shares of OBIL stock opened at $49.97 on Thursday. The company’s fifty day simple moving average is $50.06 and its two-hundred day simple moving average is $50.13. US Treasury 12 Month Bill ETF has a 1 year low of $49.91 and a 1 year high of $50.33.

US Treasury 12 Month Bill ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were issued a dividend of $0.1648 per share. This is a positive change from US Treasury 12 Month Bill ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, July 28th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of 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 valued at $1,353,000 after acquiring an additional 11,716 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in US Treasury 12 Month Bill ETF by 8.3% during the first quarter. Nations Financial Group Inc. IA ADV now owns 149,397 shares of the company’s stock valued at $7,481,000 after acquiring an additional 11,509 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in 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 worth $694,000 after acquiring an additional 13,621 shares during the period.

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.