US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Stock Short Interest Report for October

US Treasury 12 Month Bill ETF (NASDAQ:OBIL) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 138,945 shares, a growth of 478.8% from the September 30th total of 24,006 shares. Currently, 2.1% of the shares of the stock are short sold. Based on an average trading volume of 71,398 shares, the days-to-cover ratio is presently 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. Alpine Bank Wealth Management raised its position in US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 15.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund 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 at the end of the most recent reporting period.

US Treasury 12 Month Bill ETF Price Performance

Shares of NASDAQ OBIL traded up $0.01 during trading on Thursday, hitting $49.87. 28,072 shares of the company were exchanged, compared to its average volume of 46,066. US Treasury 12 Month Bill ETF has a 1 year low of $49.74 and a 1 year high of $50.33. The firm’s fifty day moving average price is $49.95 and its 200 day moving average price is $50.08.

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.