Short Interest in US Treasury 10 Year Note ETF (NASDAQ:UTEN) Grows By 305.7%

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 28,400 shares, an increase of 305.7% from the November 30th total of 7,000 shares. Based on an average trading volume of 47,400 shares, the short-interest ratio is currently 0.6 days.

US Treasury 10 Year Note ETF Stock Down 0.2 %

Shares of US Treasury 10 Year Note ETF stock traded down $0.09 during trading hours on Thursday, hitting $42.54. The company’s stock had a trading volume of 19,438 shares, compared to its average volume of 43,340. The stock has a 50 day moving average of $43.47 and a 200 day moving average of $44.21. US Treasury 10 Year Note ETF has a 12 month low of $42.21 and a 12 month high of $46.03.

US Treasury 10 Year Note ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a dividend of $0.1356 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.63 dividend on an annualized basis and a yield of 3.83%.

Institutional Trading of US Treasury 10 Year Note ETF

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC acquired a new position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned approximately 0.26% of US Treasury 10 Year Note ETF as of its most recent SEC filing.

About US Treasury 10 Year Note ETF

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.