US Treasury 7 Year Note ETF (NASDAQ:USVN) Stock Short Interest Rises 1,780.0%

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 94 shares, an increase of 1,780.0% from the September 30th total of 5 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,401 shares, the days-to-cover ratio is currently 0.1 days.

US Treasury 7 Year Note ETF Stock Up 0.0%

USVN stock traded up $0.02 during midday trading on Monday, hitting $46.20. The stock had a trading volume of 298 shares, compared to its average volume of 1,727. The company’s 50-day moving average price is $46.18 and its 200 day moving average price is $47.54. US Treasury 7 Year Note ETF has a 12-month low of $45.21 and a 12-month high of $49.29.

US Treasury 7 Year Note ETF Company Profile

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.