US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Stock Short Interest Falls 68.5%

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 24,006 shares, a decline of 68.5% from the September 15th total of 76,184 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 76,606 shares, the days-to-cover ratio is currently 0.3 days.

US Treasury 12 Month Bill ETF Stock Performance

NASDAQ OBIL remained flat at $49.92 during trading hours on Monday. The company had a trading volume of 21,653 shares, compared to its average volume of 45,081. The stock has a fifty day simple moving average of $49.98 and a 200-day simple moving average of $50.05. US Treasury 12 Month Bill ETF has a 1 year low of $49.74 and a 1 year high of $50.33.

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

An institutional investor recently raised its position in US Treasury 12 Month Bill ETF stock. Marshall & Sterling Wealth Advisors Inc. lifted its position in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 76.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,011 shares of the company’s stock after buying an additional 11,716 shares during the quarter. US Treasury 12 Month Bill ETF comprises approximately 0.9% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 28th biggest position. Marshall & Sterling Wealth Advisors Inc. owned approximately 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.

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.