US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Shares Shorted: Short Interest Up 244.9% in September

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 28,759 shares, a growth of 244.9% from the August 31st total of 8,339 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 103,582 shares, the days-to-cover ratio is presently 0.3 days.

US Treasury 30 Year Bond ETF Stock Performance

UTHY stock traded down $0.05 during mid-day trading on Friday, reaching $37.53. 113,031 shares of the company’s stock were exchanged, compared to its average volume of 80,654. US Treasury 30 Year Bond ETF has a 12-month low of $37.28 and a 12-month high of $43.44. The stock’s 50 day moving average is $38.80 and its 200 day moving average is $39.96.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve. UTHY was launched on Mar 28, 2023 and is managed by F/m Investments.