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

Posted by Samantha Reynolds on Nov 30th, 2024

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 21,800 shares, an increase of 127.1% from the October 31st total of 9,600 shares. Based on an average daily volume of 48,000 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of 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 acquired a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) during the third quarter, according to its most recent filing with the SEC. 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 as of its most recent filing with the SEC.

US Treasury 10 Year Note ETF Stock Performance

Shares of NASDAQ UTEN traded up $0.24 during mid-day trading on Friday, hitting $44.01. 14,833 shares of the stock were exchanged, compared to its average volume of 43,593. US Treasury 10 Year Note ETF has a twelve month low of $42.21 and a twelve month high of $46.03. The stock’s fifty day simple moving average is $44.08 and its two-hundred day simple moving average is $44.18.

US Treasury 10 Year Note ETF Cuts Dividend

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

US Treasury 10 Year Note ETF Company Profile

(Get Free Report)

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.