US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Up 55.0% in August

US Treasury 5 Year Note ETF (NASDAQ:UFIVGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 8,853 shares, a growth of 55.0% from the July 30th total of 5,710 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 12,803 shares, the days-to-cover ratio is currently 0.7 days.

US Treasury 5 Year Note ETF Price Performance

NASDAQ UFIV opened at $47.56 on Thursday. The company’s 50 day moving average is $48.02 and its 200-day moving average is $48.52. US Treasury 5 Year Note ETF has a 12-month low of $47.51 and a 12-month high of $49.74.

US Treasury 5 Year Note ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Thursday, August 27th were issued a dividend of $0.1691 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Thursday, August 27th. This is a positive change from US Treasury 5 Year Note ETF’s previous monthly dividend of $0.16.

Hedge Funds 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 increased its stake in US Treasury 5 Year Note ETF (NASDAQ:UFIVFree Report) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,753 shares of the company’s stock after purchasing an additional 2,734 shares during the quarter. Janney Montgomery Scott LLC owned about 10.11% of US Treasury 5 Year Note ETF worth $3,338,000 at the end of the most recent quarter.

US Treasury 5 Year Note ETF Company Profile

(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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