US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Down 28.5% in September

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 12,300 shares, a decrease of 28.5% from the August 31st total of 17,200 shares. Based on an average trading volume of 47,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. EverSource Wealth Advisors LLC bought a new stake in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned approximately 0.06% of US Treasury 10 Year Note ETF at the end of the most recent reporting period.

US Treasury 10 Year Note ETF Price Performance

NASDAQ:UTEN opened at $45.56 on Friday. US Treasury 10 Year Note ETF has a fifty-two week low of $41.43 and a fifty-two week high of $46.03. The company has a 50 day simple moving average of $45.14 and a two-hundred day simple moving average of $43.96.

US Treasury 10 Year Note ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1491 per share. This represents a $1.79 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date was Tuesday, September 3rd.

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.