US Treasury 7 Year Note ETF (NASDAQ:USVN) Short Interest Update

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 300 shares, a growth of 200.0% from the December 31st total of 100 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 0.4 days.

US Treasury 7 Year Note ETF Stock Performance

USVN traded up $0.11 during trading on Friday, hitting $47.28. 408 shares of the company’s stock were exchanged, compared to its average volume of 427. US Treasury 7 Year Note ETF has a fifty-two week low of $46.36 and a fifty-two week high of $49.87. The business’s 50 day moving average is $47.21 and its two-hundred day moving average is $48.13.

US Treasury 7 Year Note ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a $0.1556 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.