US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Down 28.5% in September

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totalling 12,300 shares, a decline of 28.5% from the August 31st total of 17,200 shares. Based on an average trading volume of 47,800 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. EverSource Wealth Advisors LLC acquired a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned about 0.06% of US Treasury 10 Year Note ETF as of its most recent SEC filing.

US Treasury 10 Year Note ETF Price Performance

UTEN stock traded up $0.19 during trading on Friday, reaching $45.59. 7,928 shares of the company traded hands, compared to its average volume of 42,039. The business has a 50 day simple moving average of $45.10 and a 200 day simple moving average of $43.95. US Treasury 10 Year Note ETF has a 12 month low of $41.43 and a 12 month high of $46.03.

US Treasury 10 Year Note ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 4th. Stockholders of record on Tuesday, September 3rd were given a $0.1491 dividend. This represents a $1.79 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date was Tuesday, September 3rd.

About US Treasury 10 Year Note ETF

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.