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

Posted by George Bondi on Nov 30th, 2024

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) saw a large 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 days-to-cover 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. Flow Traders U.S. LLC bought a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) during the third quarter, according to its most recent disclosure with the Securities and 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 approximately 0.26% of US Treasury 10 Year Note ETF as of its most recent SEC filing.

US Treasury 10 Year Note ETF Stock Performance

Shares of NASDAQ UTEN traded up $0.24 during midday trading on Friday, hitting $44.01. The stock had a trading volume of 14,833 shares, compared to its average volume of 43,593. US Treasury 10 Year Note ETF has a 1-year low of $42.21 and a 1-year high of $46.03. The company has a fifty day moving average price of $44.05 and a 200 day moving average price of $44.19.

US Treasury 10 Year Note ETF Cuts Dividend

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

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.