US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Down 30.1% in August

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) saw a large decline in short interest in the month of August. As of August 15th, there was short interest totaling 20,700 shares, adeclineof30.1% from the July 31st total of 29,600 shares. Based on an average trading volume of 32,500 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 32,500 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On US Treasury 12 Month Bill ETF

A number of large investors have recently bought and sold shares of OBIL. Financial Gravity Asset Management Inc. purchased a new position in US Treasury 12 Month Bill ETF during the 1st quarter valued at $39,000. NBC Securities Inc. boosted its holdings in US Treasury 12 Month Bill ETF by 149,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,500 shares of the company’s stock valued at $75,000 after acquiring an additional 1,499 shares during the period. Crews Bank & Trust boosted its holdings in US Treasury 12 Month Bill ETF by 62.5% during the 1st quarter. Crews Bank & Trust now owns 5,200 shares of the company’s stock valued at $261,000 after acquiring an additional 2,000 shares during the period. Janney Montgomery Scott LLC boosted its holdings in US Treasury 12 Month Bill ETF by 14.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 51,967 shares of the company’s stock valued at $2,609,000 after acquiring an additional 6,671 shares during the period. Finally, Alpine Bank Wealth Management purchased a new position in US Treasury 12 Month Bill ETF during the 1st quarter valued at $2,967,000.

US Treasury 12 Month Bill ETF Stock Performance

OBIL opened at $50.19 on Tuesday. The business has a fifty day moving average of $50.10 and a 200 day moving average of $50.11. US Treasury 12 Month Bill ETF has a 52-week low of $49.93 and a 52-week high of $50.31.

US Treasury 12 Month Bill ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 3rd. Investors of record on Tuesday, September 2nd were issued a dividend of $0.1573 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.