US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

Posted by William Tyler on Oct 27th, 2024

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 28,600 shares, an increase of 1,806.7% from the September 30th total of 1,500 shares. Based on an average trading volume of 50,400 shares, the days-to-cover ratio is currently 0.6 days.

US Treasury 10 Year Note ETF Price Performance

Shares of US Treasury 10 Year Note ETF stock traded down $0.11 during trading hours on Friday, hitting $43.81. The company’s stock had a trading volume of 17,138 shares, compared to its average volume of 43,085. US Treasury 10 Year Note ETF has a 12-month low of $41.70 and a 12-month high of $46.03. The business has a 50 day moving average price of $45.08 and a two-hundred day moving average price of $44.07.

US Treasury 10 Year Note ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Tuesday, October 1st were given a dividend of $0.141 per share. This represents a $1.69 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend was Tuesday, October 1st.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

An institutional investor recently raised its position in US Treasury 10 Year Note ETF stock. Janney Montgomery Scott LLC boosted its stake in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) by 82.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 47,475 shares of the company’s stock after buying an additional 21,525 shares during the period. Janney Montgomery Scott LLC owned approximately 2.07% of US Treasury 10 Year Note ETF worth $2,091,000 at the end of the most recent quarter.

US Treasury 10 Year Note ETF Company Profile

(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.