US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 69,405 shares, an increase of 170.3% from the August 15th total of 25,676 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily volume of 37,450 shares, the short-interest ratio is currently 1.9 days.
Institutional Trading of 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. increased its holdings in US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Free Report) by 76.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,011 shares of the company’s stock after purchasing an additional 11,716 shares during the period. US Treasury 12 Month Bill ETF makes up 0.9% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 28th biggest position. 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 SEC filing.
US Treasury 12 Month Bill ETF Stock Down 0.0%
Shares of OBIL stock opened at $49.93 on Tuesday. US Treasury 12 Month Bill ETF has a one year low of $49.91 and a one year high of $50.33. The stock has a fifty day moving average price of $50.03 and a 200 day moving average price of $50.08.
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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