US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 18,300 shares, a drop of 86.8% from the February 28th total of 138,500 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 55,800 shares, the days-to-cover ratio is currently 0.3 days.

US Treasury 10 Year Note ETF Stock Down 0.3 %

UTEN stock traded down $0.12 during midday trading on Wednesday, hitting $43.44. The stock had a trading volume of 39,638 shares, compared to its average volume of 46,280. The stock has a 50-day simple moving average of $43.15 and a 200 day simple moving average of $43.60. US Treasury 10 Year Note ETF has a 52 week low of $41.85 and a 52 week high of $46.03.

US Treasury 10 Year Note ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were paid a $0.1552 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from US Treasury 10 Year Note ETF’s previous dividend of $0.15.

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) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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.