US Treasury 5 Year Note ETF (NASDAQ:UFIV) Sees Large Increase in Short Interest

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 6,700 shares, an increase of 6,600.0% from the January 31st total of 100 shares. Based on an average daily volume of 14,100 shares, the short-interest ratio is presently 0.5 days.

US Treasury 5 Year Note ETF Stock Up 0.3 %

NASDAQ:UFIV opened at $48.76 on Friday. The company has a 50-day moving average price of $47.94 and a 200-day moving average price of $48.59. US Treasury 5 Year Note ETF has a 12 month low of $47.32 and a 12 month high of $50.02.

US Treasury 5 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were paid a $0.1694 dividend. This is a positive change from US Treasury 5 Year Note ETF’s previous dividend of $0.16. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UFIV. Janney Montgomery Scott LLC bought a new position in shares of US Treasury 5 Year Note ETF in the 4th quarter worth about $2,545,000. Flow Traders U.S. LLC bought a new position in shares of US Treasury 5 Year Note ETF in the 3rd quarter worth about $551,000. Finally, Huntington National Bank bought a new position in shares of US Treasury 5 Year Note ETF in the 4th quarter worth about $93,000.

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.