Short Interest in US Treasury 7 Year Note ETF (NASDAQ:USVN) Decreases By 85.7%

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 85.7% from the January 31st total of 700 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.1 days.

US Treasury 7 Year Note ETF Trading Down 0.1 %

USVN stock opened at $47.90 on Friday. The stock has a fifty day moving average of $47.04 and a 200-day moving average of $47.97. US Treasury 7 Year Note ETF has a fifty-two week low of $46.36 and a fifty-two week high of $49.87.

US Treasury 7 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were paid a dividend of $0.1714 per share. This is a boost from US Treasury 7 Year Note ETF’s previous dividend of $0.16. The ex-dividend date was Monday, February 3rd.

US Treasury 7 Year Note ETF Company Profile

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve.