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

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

US Treasury 12 Month Bill ETF Stock Performance

US Treasury 12 Month Bill ETF stock opened at $50.08 on Tuesday. US Treasury 12 Month Bill ETF has a 12-month low of $49.97 and a 12-month high of $50.33. The firm has a 50-day moving average price of $50.07 and a 200-day moving average price of $50.14.

US Treasury 12 Month Bill ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a $0.155 dividend. The ex-dividend date was Monday, June 29th. This is an increase from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

A number of hedge funds have recently made changes to their positions in OBIL. Nations Financial Group Inc. IA ADV boosted its holdings in US Treasury 12 Month Bill ETF by 1.6% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 137,888 shares of the company’s stock worth $6,921,000 after acquiring an additional 2,154 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted 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 valued at $1,353,000 after acquiring an additional 11,716 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in US Treasury 12 Month Bill ETF by 6,810.5% during the fourth quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock worth $694,000 after buying an additional 13,621 shares in the last quarter.

About US Treasury 12 Month Bill ETF

(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.

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