US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 21,800 shares, a growth of 127.1% from the October 31st total of 9,600 shares. Based on an average daily volume of 48,000 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

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

US Treasury 10 Year Note ETF Stock Up 0.4 %

US Treasury 10 Year Note ETF stock opened at $43.77 on Thursday. US Treasury 10 Year Note ETF has a fifty-two week low of $42.21 and a fifty-two week high of $46.03. The firm’s fifty day moving average price is $44.12 and its 200-day moving average price is $44.18.

US Treasury 10 Year Note ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were paid a $0.1356 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.63 dividend on an annualized basis and a yield of 3.72%.

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.