US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 11,900 shares, a decrease of 75.5% from the July 15th total of 48,500 shares. Based on an average daily trading volume, of 40,500 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. EverSource Wealth Advisors LLC purchased a new stake in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned about 0.06% of US Treasury 10 Year Note ETF as of its most recent SEC filing.

US Treasury 10 Year Note ETF Stock Up 0.3 %

Shares of UTEN traded up $0.14 during trading hours on Monday, hitting $44.98. The company had a trading volume of 30,036 shares, compared to its average volume of 42,698. US Treasury 10 Year Note ETF has a 52-week low of $41.43 and a 52-week high of $45.74. The stock’s 50 day moving average price is $43.89 and its 200 day moving average price is $43.63.

US Treasury 10 Year Note ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 2nd. Investors of record on Thursday, August 1st were given a dividend of $0.1569 per share. This represents a $1.88 annualized dividend and a yield of 4.19%. This is a positive change from US Treasury 10 Year Note ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, August 1st.

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.