Short Interest in US Treasury 3 Year Note ETF (NASDAQ:UTRE) Expands By 155.0%

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the target of a large growth in short interest in 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 trading volume of 1,300 shares, the short-interest ratio is currently 3.9 days.

US Treasury 3 Year Note ETF Stock Up 0.1 %

UTRE traded up $0.03 during trading on Friday, hitting $49.11. 670 shares of the stock traded hands, compared to its average volume of 1,184. US Treasury 3 Year Note ETF has a twelve month low of $48.29 and a twelve month high of $50.11. The business has a 50 day moving average price of $48.96 and a 200 day moving average price of $49.30.

US Treasury 3 Year Note ETF Dividend Announcement

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