US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Up 138.9% in August

US Treasury 10 Year Note ETF (NASDAQ:UTEN) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 17,200 shares, an increase of 138.9% from the August 15th total of 7,200 shares. Based on an average trading volume of 45,900 shares, the short-interest ratio is presently 0.4 days.

US Treasury 10 Year Note ETF Stock Up 0.2 %

Shares of UTEN stock opened at $45.86 on Friday. The stock has a 50-day simple moving average of $44.79 and a 200 day simple moving average of $43.85. US Treasury 10 Year Note ETF has a fifty-two week low of $41.43 and a fifty-two week high of $46.00.

US Treasury 10 Year Note ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1491 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $1.79 dividend on an annualized basis and a yield of 3.90%.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. Janney Montgomery Scott LLC bought a new position in US Treasury 10 Year Note ETF (NASDAQ:UTEN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 25,950 shares of the company’s stock, valued at approximately $1,170,000. Janney Montgomery Scott LLC owned about 1.24% of US Treasury 10 Year Note ETF as of its most recent filing with the Securities and Exchange Commission.

US Treasury 10 Year Note ETF Company Profile

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.