Short Interest in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Increases By 16,166.7%

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

US Treasury 12 Month Bill ETF Price Performance

OBIL traded up $0.02 during midday trading on Thursday, hitting $50.04. 3,102 shares of the company traded hands, compared to its average volume of 41,927. The company’s 50-day moving average is $50.10 and its 200 day moving average is $49.91. US Treasury 12 Month Bill ETF has a 52 week low of $49.65 and a 52 week high of $50.31.

US Treasury 12 Month Bill ETF Cuts Dividend

The company 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 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.