US Treasury 5 Year Note ETF (NASDAQ:UFIV) Shares Shorted: Short Interest Down 40.9% in September

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 6,986 shares, a decline of 40.9% from the September 15th total of 11,822 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily trading volume, of 35,890 shares, the days-to-cover ratio is presently 0.2 days.

US Treasury 5 Year Note ETF Stock Up 0.1%

Shares of NASDAQ UFIV traded up $0.06 during midday trading on Friday, reaching $46.96. The stock had a trading volume of 17,055 shares, compared to its average volume of 9,203. The company’s 50 day moving average price is $47.26 and its 200 day moving average price is $47.99. US Treasury 5 Year Note ETF has a twelve month low of $46.40 and a twelve month high of $49.74.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC raised its stake in US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 15.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,289 shares of the company’s stock after purchasing an additional 10,536 shares during the quarter. Janney Montgomery Scott LLC owned 12.63% of US Treasury 5 Year Note ETF worth $3,822,000 as of its most recent filing with the Securities & Exchange Commission.

US Treasury 5 Year Note ETF Company Profile

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.