US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Down 39.5% in August

Posted by Anthony Bellafiore on Aug 28th, 2024

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 7,200 shares, a drop of 39.5% from the July 31st total of 11,900 shares. Based on an average daily volume of 41,300 shares, the days-to-cover ratio is presently 0.2 days.

US Treasury 10 Year Note ETF Trading Up 0.0 %

Shares of NASDAQ UTEN traded up $0.01 during mid-day trading on Wednesday, reaching $45.29. 15,621 shares of the company’s stock were exchanged, compared to its average volume of 43,056. The firm has a 50-day moving average price of $44.29 and a two-hundred day moving average price of $43.70. US Treasury 10 Year Note ETF has a 52 week low of $41.43 and a 52 week high of $45.74.

US Treasury 10 Year Note ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 2nd. Shareholders of record on Thursday, August 1st were given a $0.1569 dividend. This is a positive change from US Treasury 10 Year Note ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $1.88 annualized dividend and a yield of 4.16%.

Hedge Funds Weigh In On 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 bought a new stake in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned 0.06% of US Treasury 10 Year Note ETF at the end of the most recent reporting period.

US Treasury 10 Year Note ETF Company Profile

(Get Free Report)

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.