US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Update

US Treasury 3 Year Note ETF (NASDAQ:UTRE) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,100 shares, a decline of 71.1% from the February 28th total of 3,800 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 0.6 days.

US Treasury 3 Year Note ETF Trading Down 0.1 %

Shares of NASDAQ UTRE opened at $49.35 on Thursday. The company has a 50 day simple moving average of $49.13 and a 200 day simple moving average of $49.21. US Treasury 3 Year Note ETF has a 1 year low of $48.29 and a 1 year high of $50.11.

US Treasury 3 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were given a $0.169 dividend. This is a boost from US Treasury 3 Year Note ETF’s previous dividend of $0.16. The ex-dividend date was Monday, March 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.