US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 138,945 shares, an increase of 478.8% from the September 30th total of 24,006 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily volume of 71,398 shares, the days-to-cover ratio is presently 1.9 days.
Institutional Investors Weigh In On US Treasury 12 Month Bill ETF
A hedge fund recently raised its stake in US Treasury 12 Month Bill ETF stock. Marshall & Sterling Wealth Advisors Inc. lifted its stake in shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Free Report) by 76.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,011 shares of the company’s stock after purchasing an additional 11,716 shares during the quarter. US Treasury 12 Month Bill ETF comprises 0.9% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. Marshall & Sterling Wealth Advisors Inc. owned about 0.43% of US Treasury 12 Month Bill ETF worth $1,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
US Treasury 12 Month Bill ETF Trading Down 0.4%
OBIL stock traded down $0.18 during midday trading on Tuesday, reaching $49.83. 13,384 shares of the stock were exchanged, compared to its average volume of 46,154. The company has a fifty day moving average price of $49.97 and a 200 day moving average price of $50.09. US Treasury 12 Month Bill ETF has a 52 week low of $49.74 and a 52 week high of $50.33.
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.
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