US Treasury 3 Year Note ETF (NASDAQ:UTRE) Sees Significant Increase in Short Interest

US Treasury 3 Year Note ETF (NASDAQ:UTRE) saw a significant growth in short interest in August. As of August 15th, there was short interest totalling 1,800 shares, a growth of 80.0% from the July 31st total of 1,000 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is presently 0.4 days.

US Treasury 3 Year Note ETF Price Performance

Shares of US Treasury 3 Year Note ETF stock traded down $0.04 during trading hours on Friday, hitting $49.70. The company’s stock had a trading volume of 1,442 shares, compared to its average volume of 3,960. US Treasury 3 Year Note ETF has a 1-year low of $48.22 and a 1-year high of $49.85. The business has a fifty day moving average of $49.22 and a 200 day moving average of $48.89.

US Treasury 3 Year Note ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, August 1st were given a $0.1796 dividend. This represents a $2.15 annualized dividend and a dividend yield of 4.34%. The ex-dividend date of this dividend was Thursday, August 1st.

US Treasury 3 Year Note ETF Company Profile

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.