US Treasury 7 Year Note ETF (NASDAQ:USVN) Short Interest Down 61.5% in August

US Treasury 7 Year Note ETF (NASDAQ:USVN) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 500 shares, a decline of 61.5% from the July 31st total of 1,300 shares. Based on an average trading volume of 600 shares, the short-interest ratio is presently 0.8 days.

US Treasury 7 Year Note ETF Trading Down 0.1 %

Shares of US Treasury 7 Year Note ETF stock traded down $0.04 during trading on Wednesday, reaching $49.24. 2,241 shares of the stock traded hands, compared to its average volume of 1,032. US Treasury 7 Year Note ETF has a 52-week low of $45.87 and a 52-week high of $49.34. The business has a fifty day simple moving average of $48.31 and a two-hundred day simple moving average of $47.70.

US Treasury 7 Year Note ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, August 1st were issued a dividend of $0.1674 per share. The ex-dividend date was Thursday, August 1st. This represents a $2.01 annualized dividend and a dividend yield of 4.08%.

About US Treasury 7 Year Note ETF

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve.