Short Interest in US Treasury 7 Year Note ETF (NASDAQ:USVN) Decreases By 83.4%

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 197 shares, a decline of 83.4% from the July 15th total of 1,189 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 472 shares, the short-interest ratio is presently 0.4 days.

US Treasury 7 Year Note ETF Stock Up 0.1%

Shares of USVN traded up $0.03 during mid-day trading on Thursday, hitting $47.12. 37 shares of the company’s stock were exchanged, compared to its average volume of 1,789. US Treasury 7 Year Note ETF has a 52 week low of $46.90 and a 52 week high of $49.29. The stock’s 50-day simple moving average is $47.38 and its 200-day simple moving average is $47.95.

US Treasury 7 Year Note ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were given a dividend of $0.1648 per share. This is an increase from US Treasury 7 Year Note ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, July 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.