US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Short Interest Update

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 48,800 shares, an increase of 16,166.7% from the September 15th total of 300 shares. Based on an average trading volume of 50,500 shares, the days-to-cover ratio is presently 1.0 days.

US Treasury 12 Month Bill ETF Price Performance

NASDAQ OBIL traded up $0.02 during midday trading on Thursday, hitting $50.04. The company had a trading volume of 3,102 shares, compared to its average volume of 41,927. The firm has a 50-day moving average price of $50.10 and a 200-day moving average price of $49.91. 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 business also recently declared a monthly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Tuesday, October 1st were given a $0.172 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $2.06 dividend on an annualized basis and a dividend yield of 4.12%.

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.