US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Down 19.2% in March

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 27,700 shares, a decrease of 19.2% from the March 15th total of 34,300 shares. Based on an average daily trading volume, of 43,500 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the stock are sold short.

US Treasury 12 Month Bill ETF Stock Up 0.0 %

NASDAQ:OBIL traded up $0.01 during trading hours on Friday, hitting $50.16. 26,898 shares of the stock were exchanged, compared to its average volume of 43,220. The company’s 50 day moving average is $50.13 and its two-hundred day moving average is $50.09. US Treasury 12 Month Bill ETF has a twelve month low of $49.65 and a twelve month high of $50.31.

US Treasury 12 Month Bill ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.1682 per share. The ex-dividend date was Tuesday, April 1st.

Hedge Funds Weigh In On US Treasury 12 Month Bill ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC raised its holdings in US Treasury 12 Month Bill ETF by 14.7% in the first quarter. Janney Montgomery Scott LLC now owns 51,967 shares of the company’s stock worth $2,609,000 after purchasing an additional 6,671 shares during the period. NBC Securities Inc. increased its position in shares of US Treasury 12 Month Bill ETF by 149,900.0% in the 1st quarter. NBC Securities Inc. now owns 1,500 shares of the company’s stock valued at $75,000 after buying an additional 1,499 shares in the last quarter. 49 Wealth Management LLC raised its stake in US Treasury 12 Month Bill ETF by 27.9% during the 4th quarter. 49 Wealth Management LLC now owns 276,194 shares of the company’s stock worth $13,826,000 after buying an additional 60,297 shares during the period. Nations Financial Group Inc. IA ADV lifted its holdings in US Treasury 12 Month Bill ETF by 22.8% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 86,109 shares of the company’s stock worth $4,311,000 after acquiring an additional 15,985 shares in the last quarter. Finally, Crews Bank & Trust acquired a new position in US Treasury 12 Month Bill ETF in the fourth quarter valued at about $160,000.

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.