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

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 5,100 shares, a growth of 155.0% from the December 15th total of 2,000 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is presently 3.9 days.

US Treasury 3 Year Note ETF Price Performance

NASDAQ:UTRE traded up $0.18 on Thursday, reaching $48.87. 2,751 shares of the company’s stock traded hands, compared to its average volume of 1,361. The stock has a 50-day simple moving average of $48.96 and a 200-day simple moving average of $49.29. US Treasury 3 Year Note ETF has a 12 month low of $48.29 and a 12 month high of $50.11.

US Treasury 3 Year Note ETF Announces Dividend

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