Short Interest in US Treasury 7 Year Note ETF (NASDAQ:USVN) Decreases By 81.8%

US Treasury 7 Year Note ETF (NASDAQ:USVN) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 4 shares, a drop of 81.8% from the April 15th total of 22 shares. Based on an average daily trading volume, of 538 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

US Treasury 7 Year Note ETF Stock Down 0.0%

Shares of US Treasury 7 Year Note ETF stock traded down $0.01 on Tuesday, reaching $47.86. The stock had a trading volume of 123 shares, compared to its average volume of 2,299. US Treasury 7 Year Note ETF has a 1 year low of $47.30 and a 1 year high of $49.29. The company has a 50 day moving average price of $48.27 and a 200 day moving average price of $48.59.

US Treasury 7 Year Note ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 29th. Shareholders of record on Tuesday, April 28th were paid a dividend of $0.1446 per share. The ex-dividend date was Tuesday, April 28th.

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. USVN was launched on Mar 28, 2023 and is managed by F/m Investments.