US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Shares Shorted: Short Interest Down 81.9% in October

US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Get Free Report) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 25,149 shares, a drop of 81.9% from the October 15th total of 138,945 shares. Based on an average daily trading volume, of 38,636 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of US Treasury 12 Month Bill ETF

An institutional investor recently raised its stake in US Treasury 12 Month Bill ETF stock. Alpine Bank Wealth Management lifted its stake in shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Free Report) by 15.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,971 shares of the company’s stock after purchasing an additional 12,042 shares during the period. Alpine Bank Wealth Management owned about 1.34% of US Treasury 12 Month Bill ETF worth $4,381,000 as of its most recent filing with the Securities & Exchange Commission.

US Treasury 12 Month Bill ETF Price Performance

US Treasury 12 Month Bill ETF stock traded up $0.04 during trading on Friday, reaching $49.88. The company had a trading volume of 36,788 shares, compared to its average volume of 46,669. The firm’s 50-day simple moving average is $49.92 and its 200 day simple moving average is $50.06. US Treasury 12 Month Bill ETF has a 1-year low of $49.74 and a 1-year high of $50.33.

US Treasury 12 Month Bill ETF Company Profile

(Get 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, 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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