US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 13,739 shares, a drop of 88.1% from the September 30th total of 114,982 shares. Based on an average daily volume of 234,345 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are sold short.
US Treasury 10 Year Note ETF Stock Performance
NASDAQ:UTEN opened at $41.24 on Thursday. US Treasury 10 Year Note ETF has a 52 week low of $40.26 and a 52 week high of $44.87. The company has a fifty day simple moving average of $41.44 and a two-hundred day simple moving average of $42.94.
Institutional Trading of US Treasury 10 Year Note ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of US Treasury 10 Year Note ETF by 5.1% in the 2nd quarter. NewEdge Advisors LLC now owns 36,720 shares of the company’s stock valued at $1,586,000 after buying an additional 1,795 shares in the last quarter. Bank of New Hampshire increased its stake in shares of US Treasury 10 Year Note ETF by 143.3% during the third quarter. Bank of New Hampshire now owns 2,190 shares of the company’s stock worth $89,000 after acquiring an additional 1,290 shares during the period. Finally, Sound Income Strategies LLC purchased a new position in shares of US Treasury 10 Year Note ETF during the 1st quarter worth approximately $28,000.
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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