US Treasury 3 Year Note ETF (NASDAQ:UTRE) Sees Large Increase in Short Interest

US Treasury 3 Year Note ETF (NASDAQ:UTRE) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,600 shares, a growth of 77.8% from the May 31st total of 900 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 1.5 days.

US Treasury 3 Year Note ETF Stock Performance

US Treasury 3 Year Note ETF stock traded down $0.02 during midday trading on Friday, reaching $48.79. The stock had a trading volume of 90 shares, compared to its average volume of 2,970. US Treasury 3 Year Note ETF has a 52-week low of $48.22 and a 52-week high of $49.61. The company has a fifty day moving average of $48.61 and a 200 day moving average of $48.91.

US Treasury 3 Year Note ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 4th. Stockholders of record on Monday, June 3rd were issued a $0.176 dividend. The ex-dividend date was Monday, June 3rd. This represents a $2.11 annualized dividend and a dividend yield of 4.33%.

US Treasury 3 Year Note ETF Company Profile

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.