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

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 30,400 shares, a growth of 316.4% from the March 31st total of 7,300 shares. Based on an average daily volume of 68,800 shares, the short-interest ratio is currently 0.4 days. Currently, 0.7% of the shares of the company are sold short.

US Treasury 10 Year Note ETF Stock Performance

Shares of US Treasury 10 Year Note ETF stock opened at $43.91 on Tuesday. US Treasury 10 Year Note ETF has a twelve month low of $41.85 and a twelve month high of $46.03. The company’s 50 day moving average is $43.60 and its 200 day moving average is $43.30.

US Treasury 10 Year Note ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 2nd. Investors of record on Tuesday, April 1st were issued a $0.1639 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from US Treasury 10 Year Note ETF’s previous dividend of $0.16.

US Treasury 10 Year Note ETF Company Profile

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.