US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Up 181.3% in December

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 9,000 shares, an increase of 181.3% from the November 30th total of 3,200 shares. Based on an average trading volume of 44,800 shares, the short-interest ratio is currently 0.2 days.

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 bought a new stake in shares of US Treasury 12 Month Bill ETF in the third quarter valued at about $3,525,000. GoalVest Advisory LLC acquired a new stake in US Treasury 12 Month Bill ETF in the 3rd quarter valued at approximately $1,357,000. 49 Wealth Management LLC lifted its stake in US Treasury 12 Month Bill ETF by 23.2% in the 3rd quarter. 49 Wealth Management LLC now owns 215,897 shares of the company’s stock valued at $10,852,000 after acquiring an additional 40,632 shares in the last quarter. Finally, Wealthquest Corp boosted its position in US Treasury 12 Month Bill ETF by 3.4% during the 3rd quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock worth $33,472,000 after acquiring an additional 21,813 shares during the last quarter.

US Treasury 12 Month Bill ETF Stock Performance

Shares of OBIL stock opened at $50.16 on Friday. 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 $50.06 and its two-hundred day moving average price is $50.02.

US Treasury 12 Month Bill ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a $0.1607 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date was Friday, November 1st.

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.