Short Interest in US Treasury 10 Year Note ETF (NASDAQ:UTEN) Rises By 127.1%

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 21,800 shares, a growth of 127.1% from the October 31st total of 9,600 shares. Based on an average daily trading volume, of 48,000 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. EverSource Wealth Advisors LLC acquired a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned 0.06% of US Treasury 10 Year Note ETF at the end of the most recent quarter.

US Treasury 10 Year Note ETF Trading Up 0.6 %

Shares of NASDAQ:UTEN traded up $0.24 during midday trading on Friday, hitting $44.01. The company’s stock had a trading volume of 14,833 shares, compared to its average volume of 43,593. The stock’s 50 day simple moving average is $44.05 and its 200 day simple moving average is $44.19. US Treasury 10 Year Note ETF has a fifty-two week low of $42.21 and a fifty-two week high of $46.03.

US Treasury 10 Year Note ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a dividend of $0.1356 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.63 annualized dividend and a dividend yield of 3.70%.

US Treasury 10 Year Note ETF Company Profile

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.