US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 10,500 shares, a growth of 32.9% from the January 31st total of 7,900 shares. Based on an average daily trading volume, of 43,000 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC acquired a new stake in US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 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 at the end of the most recent reporting period.

US Treasury 10 Year Note ETF Price Performance

NASDAQ UTEN opened at $43.99 on Tuesday. The business has a fifty day simple moving average of $42.76 and a 200 day simple moving average of $43.79. US Treasury 10 Year Note ETF has a 12 month low of $41.85 and a 12 month high of $46.03.

US Treasury 10 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd will be paid a $0.1552 dividend. The ex-dividend date is Monday, March 3rd. This is an increase from US Treasury 10 Year Note ETF’s previous dividend of $0.15.

About US Treasury 10 Year Note ETF

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.