Short Interest in US Treasury 5 Year Note ETF (NASDAQ:UFIV) Drops By 98.6%

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 100 shares, a drop of 98.6% from the December 31st total of 6,900 shares. Based on an average trading volume of 14,100 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of US Treasury 5 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC bought a new stake in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 53,232 shares of the company’s stock, valued at approximately $2,545,000. Janney Montgomery Scott LLC owned about 5.79% of US Treasury 5 Year Note ETF at the end of the most recent reporting period.

US Treasury 5 Year Note ETF Stock Down 0.1 %

UFIV stock traded down $0.05 on Tuesday, hitting $48.03. 2,610 shares of the company’s stock traded hands, compared to its average volume of 13,407. US Treasury 5 Year Note ETF has a 1-year low of $47.32 and a 1-year high of $50.02. The stock has a fifty day moving average of $48.03 and a 200-day moving average of $48.71.

US Treasury 5 Year Note ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a dividend of $0.1584 per share. The ex-dividend date was Monday, December 30th.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve.