US Treasury 10 Year Note ETF (NASDAQ:UTEN) Sees Significant Growth in Short Interest

US Treasury 10 Year Note ETF (NASDAQ:UTEN) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 28,400 shares, an increase of 305.7% from the November 30th total of 7,000 shares. Based on an average daily volume of 47,400 shares, the short-interest ratio is presently 0.6 days.

US Treasury 10 Year Note ETF Trading Down 0.3 %

Shares of US Treasury 10 Year Note ETF stock traded down $0.14 during trading on Friday, reaching $42.53. The company’s stock had a trading volume of 51,011 shares, compared to its average volume of 43,528. The business’s 50-day moving average price is $43.41 and its 200-day moving average price is $44.20. US Treasury 10 Year Note ETF has a 52 week low of $42.21 and a 52 week high of $46.03.

US Treasury 10 Year Note ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1356 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.63 annualized dividend and a dividend yield of 3.83%.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC bought a new position in US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned about 0.26% of US Treasury 10 Year Note ETF at the end of the most recent quarter.

About US Treasury 10 Year Note ETF

The US Treasury 10 Year Note ETF (UTEN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 10-year US Treasury note. The fund is designed for those specifically required to track the 10-year tenor on the yield curve.