US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Up 305.7% in December

Posted by Editorial Team on Dec 27th, 2024

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 28,400 shares, a growth of 305.7% from the November 30th total of 7,000 shares. Based on an average trading volume of 47,400 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC bought a new position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned 0.26% of US Treasury 10 Year Note ETF at the end of the most recent quarter.

US Treasury 10 Year Note ETF Stock Up 0.1 %

Shares of US Treasury 10 Year Note ETF stock opened at $42.67 on Friday. The business has a fifty day simple moving average of $43.44 and a two-hundred day simple moving average of $44.20. US Treasury 10 Year Note ETF has a 1 year low of $42.21 and a 1 year high of $46.03.

US Treasury 10 Year Note ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were paid a dividend of $0.1356 per share. This represents a $1.63 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date was Friday, November 1st.

About US Treasury 10 Year Note ETF

(Get Free Report)

The US Treasury 10 Year Note ETF (UTEN) 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, 10-year US Treasury note. The fund is designed for those specifically required to track the 10-year tenor on the yield curve.