US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 7,000 shares, a drop of 67.9% from the November 15th total of 21,800 shares. Based on an average daily volume of 44,200 shares, the short-interest ratio is presently 0.2 days.

US Treasury 10 Year Note ETF Price Performance

Shares of UTEN traded down $0.21 during mid-day trading on Friday, hitting $43.23. The stock had a trading volume of 36,819 shares, compared to its average volume of 43,081. US Treasury 10 Year Note ETF has a fifty-two week low of $42.21 and a fifty-two week high of $46.03. The company’s fifty day simple moving average is $43.75 and its two-hundred day simple moving average is $44.23.

US Treasury 10 Year Note ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were issued a $0.1356 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 3.76%.

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

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.