US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Up 713.3% in January

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 73,200 shares, a growth of 713.3% from the December 31st total of 9,000 shares. Based on an average daily volume of 38,900 shares, the days-to-cover ratio is presently 1.9 days.

US Treasury 12 Month Bill ETF Price Performance

NASDAQ:OBIL traded up $0.01 during midday trading on Tuesday, hitting $50.18. 17,154 shares of the company were exchanged, compared to its average volume of 41,633. US Treasury 12 Month Bill ETF has a fifty-two week low of $49.65 and a fifty-two week high of $50.31. The company has a fifty day simple moving average of $50.07 and a 200 day simple moving average of $50.06.

US Treasury 12 Month Bill ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a dividend of $0.175 per share. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

Several large investors have recently modified their holdings of the company. Crews Bank & Trust purchased a new stake in US Treasury 12 Month Bill ETF in the 4th quarter valued at $160,000. GoalVest Advisory LLC acquired a new position in US Treasury 12 Month Bill ETF in the 3rd quarter valued at about $1,357,000. Nations Financial Group Inc. IA ADV acquired a new stake in US Treasury 12 Month Bill ETF during the 3rd quarter worth approximately $3,525,000. 49 Wealth Management LLC grew its stake in shares of 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 valued at $10,852,000 after purchasing an additional 40,632 shares during the last quarter. Finally, Wealthquest Corp increased its holdings in shares of US Treasury 12 Month Bill ETF by 3.4% in the third quarter. Wealthquest Corp now owns 667,913 shares of the company’s stock valued at $33,472,000 after purchasing an additional 21,813 shares during the period.

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.