Short Interest in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Increases By 28.3%

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 6,800 shares, a growth of 28.3% from the October 31st total of 5,300 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is currently 1.0 days.

US Treasury 30 Year Bond ETF Stock Up 1.2 %

Shares of UTHY stock opened at $44.78 on Monday. The stock has a fifty day moving average price of $44.49 and a 200 day moving average price of $44.94. US Treasury 30 Year Bond ETF has a 1 year low of $41.79 and a 1 year high of $48.31.

US Treasury 30 Year Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a $0.1505 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.81 annualized dividend and a dividend yield of 4.03%.

Hedge Funds Weigh In On US Treasury 30 Year Bond ETF

An institutional investor recently bought a new position in US Treasury 30 Year Bond ETF stock. Flow Traders U.S. LLC purchased a new stake in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned about 14.94% of US Treasury 30 Year Bond ETF at the end of the most recent reporting period.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve.