US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Sees Significant Increase in Short Interest

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a large increase in short interest in the month of 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 company’s shares are short sold. Based on an average trading volume of 71,398 shares, the short-interest ratio is currently 1.9 days.

US Treasury 12 Month Bill ETF Price Performance

Shares of OBIL traded up $0.02 during mid-day trading on Wednesday, hitting $49.85. The company had a trading volume of 39,037 shares, compared to its average volume of 46,153. The business’s 50-day simple moving average is $49.95 and its 200-day simple moving average is $50.08. US Treasury 12 Month Bill ETF has a 1-year low of $49.74 and a 1-year high of $50.33.

Institutional Trading of US Treasury 12 Month Bill ETF

An institutional investor recently raised its stake in US Treasury 12 Month Bill ETF stock. Marshall & Sterling Wealth Advisors Inc. boosted its position in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 76.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,011 shares of the company’s stock after acquiring an additional 11,716 shares during the quarter. US Treasury 12 Month Bill ETF accounts for 0.9% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 28th biggest position. Marshall & Sterling Wealth Advisors Inc. owned 0.43% of US Treasury 12 Month Bill ETF worth $1,353,000 at the end of the most recent reporting period.

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.