The US Treasury 12 Month Bill ETF (NASDAQ:OBIL) is seeing a big drop in short interest

The US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Get Free Report ) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 300 shares, a decrease of 95.9% from its August 31st total of 7,300 shares. Based on an average trading volume of 41,100 shares, the days-to-cover ratio is currently 0.0 days.

12-Month US Treasuries ETF Shares Down 0.0%

Shares of OBIL stock traded up $0.01 on Wednesday, reaching $50.28. 67,462 shares of the company traded hands, compared to its average volume of 39,995. The company has a 50-day moving average price of $50.05 and a 200-day moving average price of $49.89. US Treasury 12 Month Bill ETF has a 1 year low of $49.65 and a 1 year high of $50.31.

US Treasury 12-Month ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Tuesday, September 3rd were issued a $0.1858 dividend. This represents an annualized dividend of $2.23 and a yield of 4.43%. The ex-dividend date of this dividend was Tuesday, September 3rd.

US Treasury 12 Month Bill ETF Company Profile

(Get a 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 outstanding 12-month US Treasuries. The fund is designed for those who specifically need to track the 12-month duration of the yield curve OBIL was launched on 15 November 2022 and is managed by F/m Investments.

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