US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Down 54.9% in October

US Treasury 3 Year Note ETF (NASDAQ:UTRE) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 2,300 shares, a decrease of 54.9% from the September 30th total of 5,100 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 1.1 days.

US Treasury 3 Year Note ETF Price Performance

Shares of US Treasury 3 Year Note ETF stock opened at $49.29 on Friday. US Treasury 3 Year Note ETF has a 52-week low of $48.29 and a 52-week high of $50.11. The firm has a 50-day moving average of $49.72 and a 200-day moving average of $49.12.

US Treasury 3 Year Note ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, October 1st were paid a $0.143 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.72 dividend on an annualized basis and a yield of 3.48%.

US Treasury 3 Year Note ETF Company Profile

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.