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

US Treasury 10 Year Note ETF (NASDAQ:UTENGet Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 24,415 shares, a decrease of 53.3% from the June 30th total of 52,306 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 53,316 shares, the days-to-cover ratio is currently 0.5 days.

US Treasury 10 Year Note ETF Stock Up 0.3%

Shares of UTEN opened at $42.63 on Tuesday. US Treasury 10 Year Note ETF has a 52-week low of $42.39 and a 52-week high of $44.89. The stock has a fifty day simple moving average of $43.00 and a two-hundred day simple moving average of $43.56.

US Treasury 10 Year Note ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a $0.1525 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

Several hedge funds and other institutional investors have recently bought and sold shares of UTEN. Sound Income Strategies LLC purchased a new position in US Treasury 10 Year Note ETF during the first quarter worth about $28,000. JPMorgan Chase & Co. boosted its holdings in US Treasury 10 Year Note ETF by 67.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock valued at $37,000 after purchasing an additional 341 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of US Treasury 10 Year Note ETF by 5.0% in the 4th quarter. NewEdge Advisors LLC now owns 36,585 shares of the company’s stock valued at $1,612,000 after buying an additional 1,743 shares during the period.

About US Treasury 10 Year Note ETF

(Get Free Report)

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. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.

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