US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Down 45.7% in November

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 14,500 shares, a decline of 45.7% from the October 31st total of 26,700 shares. Based on an average daily volume of 45,800 shares, the short-interest ratio is currently 0.3 days.

US Treasury 12 Month Bill ETF Stock Up 0.0 %

OBIL stock traded up $0.02 during trading on Thursday, hitting $50.10. 9,025 shares of the company traded hands, compared to its average volume of 40,885. US Treasury 12 Month Bill ETF has a 1 year low of $49.65 and a 1 year high of $50.31. The stock’s 50-day simple moving average is $50.09 and its 200 day simple moving average is $49.97.

US Treasury 12 Month Bill ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1607 per share. This represents a $1.93 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend was Friday, November 1st.

Hedge Funds Weigh In On US Treasury 12 Month Bill ETF

Large investors have recently made changes to their positions in the company. GoalVest Advisory LLC purchased a new position in US Treasury 12 Month Bill ETF in the third quarter valued at $1,357,000. Nations Financial Group Inc. IA ADV purchased a new position in shares of US Treasury 12 Month Bill ETF in the 3rd quarter valued at about $3,525,000. 49 Wealth Management LLC raised its holdings 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 worth $10,852,000 after purchasing an additional 40,632 shares during the period. Finally, Wealthquest Corp boosted its position in US Treasury 12 Month Bill ETF by 3.4% during the third quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock worth $33,472,000 after purchasing an additional 21,813 shares in the last quarter.

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.