US Treasury 12 Month Bill ETF (NASDAQ:OBIL) Shares Shorted: Short Interest Down 68.5% in September

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

Institutional Investors Weigh In On US Treasury 12 Month Bill ETF

An institutional investor recently raised its stake in US Treasury 12 Month Bill ETF stock. Nations Financial Group Inc. IA ADV lifted its stake in shares of US Treasury 12 Month Bill ETF (NASDAQ:OBIL) by 8.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 149,397 shares of the company’s stock after purchasing an additional 11,509 shares during the period. Nations Financial Group Inc. IA ADV owned about 2.39% of US Treasury 12 Month Bill ETF worth $7,481,000 as of its most recent filing with the SEC.

US Treasury 12 Month Bill ETF Price Performance

NASDAQ OBIL remained flat at $49.92 during trading hours on Tuesday. 299,346 shares of the company’s stock were exchanged, compared to its average volume of 46,379. US Treasury 12 Month Bill ETF has a 12-month low of $49.74 and a 12-month high of $50.33. The stock has a 50 day simple moving average of $49.98 and a 200 day simple moving average of $50.05.

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.