US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Down 65.8% in June

US Treasury 12 Month Bill ETF (NASDAQ:OBILGet Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 10,980 shares, a drop of 65.8% from the June 15th total of 32,143 shares. Based on an average daily trading volume, of 56,516 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

US Treasury 12 Month Bill ETF Price Performance

OBIL stock opened at $50.03 on Monday. US Treasury 12 Month Bill ETF has a twelve month low of $49.97 and a twelve month high of $50.33. The business’s 50-day simple moving average is $50.07 and its 200 day simple moving average is $50.15.

US Treasury 12 Month Bill ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a $0.155 dividend. The ex-dividend date was Monday, June 29th. This is an increase from US Treasury 12 Month Bill ETF’s previous dividend of $0.15.

Institutional Trading of US Treasury 12 Month Bill ETF

A number of institutional investors and hedge funds have recently modified their holdings of OBIL. Nations Financial Group Inc. IA ADV lifted its holdings in shares of US Treasury 12 Month Bill ETF by 8.3% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 149,397 shares of the company’s stock worth $7,481,000 after acquiring an additional 11,509 shares during the period. Marshall & Sterling Wealth Advisors Inc. increased its stake in US Treasury 12 Month Bill ETF by 76.6% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 27,011 shares of the company’s stock valued at $1,353,000 after acquiring an additional 11,716 shares during the period. Finally, NewEdge Advisors LLC increased its stake in US Treasury 12 Month Bill ETF by 6,810.5% in the fourth quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock valued at $694,000 after acquiring an additional 13,621 shares during the period.

About US Treasury 12 Month Bill ETF

(Get Free Report)

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.

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