US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Down 39.2% in January

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 7,900 shares, a drop of 39.2% from the January 15th total of 13,000 shares. Based on an average daily trading volume, of 44,200 shares, the short-interest ratio is presently 0.2 days.

US Treasury 10 Year Note ETF Stock Down 0.7 %

UTEN stock opened at $42.45 on Thursday. US Treasury 10 Year Note ETF has a one year low of $41.85 and a one year high of $46.03. The firm’s 50 day moving average price is $42.80 and its 200-day moving average price is $43.95.

US Treasury 10 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 4th. Stockholders of record on Monday, February 3rd were paid a $0.1463 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from US Treasury 10 Year Note ETF’s previous dividend of $0.15.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC bought a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned about 0.26% of US Treasury 10 Year Note ETF at the end of the most recent reporting period.

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.