US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Update

US Treasury 5 Year Note ETF (NASDAQ:UFIV) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 18,900 shares, a growth of 130.5% from the February 28th total of 8,200 shares. Approximately 2.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,700 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On US Treasury 5 Year Note ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Huntington National Bank bought a new position in shares of US Treasury 5 Year Note ETF during the fourth quarter valued at about $93,000. Flow Traders U.S. LLC bought a new position in US Treasury 5 Year Note ETF during the 3rd quarter worth approximately $551,000. Finally, Janney Montgomery Scott LLC purchased a new position in US Treasury 5 Year Note ETF in the 4th quarter worth approximately $2,545,000.

US Treasury 5 Year Note ETF Stock Performance

US Treasury 5 Year Note ETF stock opened at $48.81 on Friday. The business has a 50-day simple moving average of $48.28 and a 200 day simple moving average of $48.46. US Treasury 5 Year Note ETF has a 52 week low of $47.32 and a 52 week high of $50.02.

US Treasury 5 Year Note ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were paid a $0.1666 dividend. The ex-dividend date was Monday, March 3rd.

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.