US Treasury 7 Year Note ETF (NASDAQ:USVN) Sees Large Increase in Short Interest

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 300 shares, an increase of 200.0% from the December 15th total of 100 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.4 days.

US Treasury 7 Year Note ETF Trading Up 0.8 %

Shares of US Treasury 7 Year Note ETF stock traded up $0.39 during midday trading on Wednesday, hitting $46.78. The company had a trading volume of 643 shares, compared to its average volume of 327. US Treasury 7 Year Note ETF has a 1-year low of $46.36 and a 1-year high of $49.87. The business’s 50 day simple moving average is $47.30 and its two-hundred day simple moving average is $48.19.

US Treasury 7 Year Note ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a dividend of $0.1556 per share. The ex-dividend date of this dividend was Monday, December 30th.

About US Treasury 7 Year Note ETF

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve.