US Treasury 7 Year Note ETF (NASDAQ:USVN) Short Interest Update

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a decline of 57.1% from the February 28th total of 1,400 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 0.6 days.

US Treasury 7 Year Note ETF Price Performance

Shares of NASDAQ USVN opened at $48.07 on Friday. US Treasury 7 Year Note ETF has a 52 week low of $46.36 and a 52 week high of $49.87. The stock has a 50 day moving average price of $47.50 and a 200 day moving average price of $47.78.

US Treasury 7 Year Note ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were paid a $0.1696 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

US Treasury 7 Year Note ETF Company Profile

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve.