Short Interest in US Treasury 3 Year Note ETF (NASDAQ:UTRE) Declines By 33.3%

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,200 shares, a decline of 33.3% from the August 15th total of 1,800 shares. Based on an average daily volume of 5,000 shares, the short-interest ratio is currently 0.2 days.

US Treasury 3 Year Note ETF Stock Performance

UTRE stock opened at $50.06 on Monday. The company has a 50 day moving average price of $49.47 and a 200 day moving average price of $48.96. US Treasury 3 Year Note ETF has a fifty-two week low of $48.22 and a fifty-two week high of $50.08.

US Treasury 3 Year Note ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1621 per share. This represents a $1.95 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date was Tuesday, September 3rd.

About US Treasury 3 Year Note ETF

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.