US Treasury 12 Month Bill ETF (NASDAQ:OBIL – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 69,405 shares, a growth of 170.3% from the August 15th total of 25,676 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 37,450 shares, the days-to-cover ratio is presently 1.9 days.
Hedge Funds Weigh In On US Treasury 12 Month Bill ETF
Several large investors have recently made changes to their positions in the business. NewEdge Advisors LLC increased its holdings in shares of US Treasury 12 Month Bill ETF by 6,810.5% during the fourth quarter. NewEdge Advisors LLC now owns 13,821 shares of the company’s stock valued at $694,000 after acquiring an additional 13,621 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. boosted its stake in US Treasury 12 Month Bill ETF by 76.6% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 27,011 shares of the company’s stock worth $1,353,000 after purchasing an additional 11,716 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its stake in US Treasury 12 Month Bill ETF by 8.3% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 149,397 shares of the company’s stock worth $7,481,000 after purchasing an additional 11,509 shares in the last quarter.
US Treasury 12 Month Bill ETF Stock Performance
Shares of US Treasury 12 Month Bill ETF stock opened at $49.94 on Friday. US Treasury 12 Month Bill ETF has a 1 year low of $49.91 and a 1 year high of $50.33. The company has a 50-day moving average of $50.04 and a 200 day moving average of $50.09.
About US Treasury 12 Month Bill ETF
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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