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 September. As of September 30th, there was short interest totaling 114,982 shares, an increase of 697.0% from the September 15th total of 14,426 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily volume of 129,572 shares, the short-interest ratio is presently 0.9 days.
US Treasury 10 Year Note ETF Stock Performance
US Treasury 10 Year Note ETF stock traded down $0.01 during mid-day trading on Friday, reaching $40.68. The company had a trading volume of 81,288 shares, compared to its average volume of 79,515. US Treasury 10 Year Note ETF has a fifty-two week low of $40.26 and a fifty-two week high of $44.89. The business has a fifty day simple moving average of $41.77 and a 200 day simple moving average of $42.68.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in shares of US Treasury 10 Year Note ETF during the 1st quarter valued at $28,000. Bank of New Hampshire increased its holdings in US Treasury 10 Year Note ETF by 143.3% in the 3rd quarter. Bank of New Hampshire now owns 2,190 shares of the company’s stock worth $89,000 after purchasing an additional 1,290 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in US Treasury 10 Year Note ETF by 5.1% in the second quarter. NewEdge Advisors LLC now owns 36,720 shares of the company’s stock valued at $1,586,000 after purchasing an additional 1,795 shares during the last quarter.
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. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.
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