US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Update

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 5,100 shares, a growth of 155.0% from the December 31st total of 2,000 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 3.9 days.

US Treasury 3 Year Note ETF Price Performance

NASDAQ UTRE traded up $0.03 during trading on Friday, hitting $49.11. 670 shares of the company traded hands, compared to its average volume of 1,184. The business has a fifty day simple moving average of $48.96 and a 200 day simple moving average of $49.30. US Treasury 3 Year Note ETF has a 12 month low of $48.29 and a 12 month high of $50.11.

US Treasury 3 Year Note ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were given a dividend of $0.1599 per share. The ex-dividend date was Monday, December 30th.

About US Treasury 3 Year Note ETF

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.