Short Interest in US Treasury 10 Year Note ETF (NASDAQ:UTEN) Declines By 73.1%

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 13,000 shares, a decline of 73.1% from the December 31st total of 48,400 shares. Based on an average trading volume of 49,300 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of US Treasury 10 Year Note ETF

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC bought a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned 0.26% of US Treasury 10 Year Note ETF as of its most recent filing with the Securities & Exchange Commission.

US Treasury 10 Year Note ETF Trading Down 0.1 %

NASDAQ UTEN traded down $0.06 during trading hours on Friday, hitting $42.82. 29,637 shares of the stock were exchanged, compared to its average volume of 45,857. US Treasury 10 Year Note ETF has a 12-month low of $41.85 and a 12-month high of $46.03. The stock has a 50-day moving average of $42.94 and a 200 day moving average of $44.00.

US Treasury 10 Year Note ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a $0.1453 dividend. The ex-dividend date was Monday, December 30th.

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.