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

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

US Treasury 7 Year Note ETF Stock Down 0.1 %

NASDAQ:USVN opened at $47.75 on Friday. US Treasury 7 Year Note ETF has a twelve month low of $46.36 and a twelve month high of $49.87. The business has a 50 day moving average price of $47.48 and a two-hundred day moving average price of $47.80.

US Treasury 7 Year Note ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were issued a dividend of $0.1696 per share. 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.