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

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 10,980 shares, a decline of 65.8% from the June 15th total of 32,143 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 56,516 shares, the days-to-cover ratio is presently 0.2 days.

US Treasury 12 Month Bill ETF Stock Performance

NASDAQ OBIL opened at $50.03 on Monday. The stock’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 has a one year low of $49.97 and a one year high of $50.33.

US Treasury 12 Month Bill ETF Increases Dividend

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

Institutional Trading of US Treasury 12 Month Bill ETF

Several large investors have recently made changes to their positions in the business. Marshall & Sterling Wealth Advisors Inc. raised its holdings in shares of 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 buying an additional 11,716 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in 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 buying an additional 11,509 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in US Treasury 12 Month Bill ETF by 6,810.5% during the 4th quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock worth $694,000 after buying an additional 13,621 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.