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

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 55,500 shares, a decrease of 36.3% from the January 15th total of 87,100 shares. Based on an average daily volume of 40,000 shares, the days-to-cover ratio is presently 1.4 days.

US Treasury 12 Month Bill ETF Price Performance

US Treasury 12 Month Bill ETF stock opened at $50.01 on Thursday. US Treasury 12 Month Bill ETF has a 52 week low of $49.65 and a 52 week high of $50.31. The company’s 50-day moving average price is $50.07 and its two-hundred day moving average price is $50.08.

US Treasury 12 Month Bill ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were paid a dividend of $0.1702 per share. The ex-dividend date was Monday, February 3rd.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

A number of institutional investors have recently added to or reduced their stakes in OBIL. Nations Financial Group Inc. IA ADV increased its position in shares of US Treasury 12 Month Bill ETF by 22.8% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 86,109 shares of the company’s stock valued at $4,311,000 after purchasing an additional 15,985 shares during the period. Crews Bank & Trust bought a new position in US Treasury 12 Month Bill ETF during the fourth quarter valued at about $160,000. Wealthquest Corp grew its holdings in US Treasury 12 Month Bill ETF by 4.9% during the fourth quarter. Wealthquest Corp now owns 700,602 shares of the company’s stock worth $35,072,000 after acquiring an additional 32,689 shares during the period. 49 Wealth Management LLC raised its position in 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 worth $10,852,000 after acquiring an additional 40,632 shares in the last quarter. Finally, GoalVest Advisory LLC bought a new stake in US Treasury 12 Month Bill ETF in the third quarter worth about $1,357,000.

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.