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

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 14,400 shares, a growth of 176.9% from the August 31st total of 5,200 shares. Based on an average trading volume of 44,800 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 44,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of 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 acquired a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 12,017 shares of the company’s stock, valued at approximately $528,000. Flow Traders U.S. LLC owned 0.27% of US Treasury 10 Year Note ETF at the end of the most recent reporting period.

US Treasury 10 Year Note ETF Stock Performance

UTEN stock opened at $44.19 on Friday. US Treasury 10 Year Note ETF has a twelve month low of $41.85 and a twelve month high of $44.92. The business has a 50 day moving average price of $43.97 and a two-hundred day moving average price of $43.58.

US Treasury 10 Year Note ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Investors of record on Wednesday, October 1st were issued a dividend of $0.1457 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Wednesday, October 1st.

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.