US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Up 200.0% in February

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 3,300 shares, an increase of 200.0% from the January 31st total of 1,100 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 2.1 days.

US Treasury 3 Year Note ETF Price Performance

UTRE traded up $0.09 during trading on Friday, hitting $49.43. The stock had a trading volume of 1,463 shares, compared to its average volume of 1,791. US Treasury 3 Year Note ETF has a twelve month low of $48.29 and a twelve month high of $50.11. The stock has a 50 day simple moving average of $48.95 and a two-hundred day simple moving average of $49.26.

US Treasury 3 Year Note ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 4th. Shareholders of record on Monday, February 3rd were paid a $0.1629 dividend. This is an increase from US Treasury 3 Year Note ETF’s previous dividend of $0.16. The ex-dividend date was Monday, February 3rd.

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.