Short Interest in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Expands By 188.0%

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 33,700 shares, an increase of 188.0% from the June 30th total of 11,700 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 5.1 days.

US Treasury 30 Year Bond ETF Stock Up 0.8 %

US Treasury 30 Year Bond ETF stock traded up $0.34 during trading hours on Friday, reaching $44.35. 221 shares of the stock were exchanged, compared to its average volume of 6,983. US Treasury 30 Year Bond ETF has a 52-week low of $39.96 and a 52-week high of $48.38. The firm’s 50 day moving average is $44.02 and its 200 day moving average is $44.23.

US Treasury 30 Year Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Monday, July 1st were given a dividend of $0.1632 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.96 dividend on an annualized basis and a yield of 4.42%.

US Treasury 30 Year Bond ETF Company Profile

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve.