US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Update

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 18,900 shares, a growth of 130.5% from the February 28th total of 8,200 shares. Based on an average trading volume of 17,700 shares, the days-to-cover ratio is presently 1.1 days. Currently, 2.1% of the company’s stock are sold short.

US Treasury 5 Year Note ETF Price Performance

UFIV opened at $48.57 on Friday. US Treasury 5 Year Note ETF has a 12 month low of $47.32 and a 12 month high of $50.02. The stock has a fifty day moving average price of $48.26 and a 200-day moving average price of $48.47.

US Treasury 5 Year Note ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were issued a $0.1666 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of US Treasury 5 Year Note ETF

A number of institutional investors have recently modified their holdings of UFIV. Huntington National Bank bought a new position in shares of US Treasury 5 Year Note ETF during the 4th quarter worth approximately $93,000. Janney Montgomery Scott LLC purchased a new position in US Treasury 5 Year Note ETF in the fourth quarter worth $2,545,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of US Treasury 5 Year Note ETF during the third quarter worth $551,000.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve.