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 large decrease in short interest in January. As of January 15th, there was short interest totalling 13,000 shares, a decrease 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 currently 0.3 days.

Institutional Investors Weigh In On 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 purchased a new position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 and Exchange Commission (SEC).

US Treasury 10 Year Note ETF Trading Up 0.2 %

NASDAQ UTEN traded up $0.07 on Friday, hitting $42.95. 4,638 shares of the stock were exchanged, compared to its average volume of 44,587. The company’s 50-day moving average price is $42.94 and its two-hundred day moving average price is $44.00. US Treasury 10 Year Note ETF has a 52-week low of $41.85 and a 52-week high of $46.03.

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 dividend of $0.1453 per share. 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.