US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Up 331.3% in May

US Treasury 5 Year Note ETF (NASDAQ:UFIVGet Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,725 shares, a growth of 331.3% from the May 14th total of 400 shares. Based on an average daily volume of 5,735 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are sold short.

US Treasury 5 Year Note ETF Trading Down 0.1%

Shares of NASDAQ:UFIV traded down $0.05 during midday trading on Friday, reaching $48.32. The company had a trading volume of 3,251 shares, compared to its average volume of 6,928. US Treasury 5 Year Note ETF has a 1-year low of $48.02 and a 1-year high of $49.74. The company has a fifty day simple moving average of $48.58 and a two-hundred day simple moving average of $49.04.

US Treasury 5 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 28th were given a dividend of $0.1503 per share. The ex-dividend date was Thursday, May 28th. This is a boost from US Treasury 5 Year Note ETF’s previous dividend of $0.15.

Institutional Investors Weigh In On US Treasury 5 Year Note ETF

A hedge fund recently raised its stake in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC raised its position in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIVFree Report) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,753 shares of the company’s stock after purchasing an additional 2,734 shares during the period. Janney Montgomery Scott LLC owned 10.11% of US Treasury 5 Year Note ETF worth $3,338,000 as of its most recent SEC filing.

About US Treasury 5 Year Note ETF

(Get Free Report)

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.

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