Short Interest in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Declines By 80.4%

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 6,600 shares, a drop of 80.4% from the July 15th total of 33,700 shares. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is presently 0.4 days.

US Treasury 30 Year Bond ETF Stock Up 0.7 %

UTHY traded up $0.33 during trading on Tuesday, hitting $46.37. 12,023 shares of the stock traded hands, compared to its average volume of 11,006. The business has a 50 day moving average price of $44.58 and a 200 day moving average price of $44.21. US Treasury 30 Year Bond ETF has a twelve month low of $39.96 and a twelve month high of $48.09.

US Treasury 30 Year Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 2nd. Stockholders of record on Thursday, August 1st were issued a dividend of $0.1685 per share. The ex-dividend date was Thursday, August 1st. This represents a $2.02 dividend on an annualized basis and a dividend yield of 4.36%.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve.