US Treasury 10 Year Note ETF (NASDAQ:UTEN) Sees Significant Decrease in Short Interest

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 7,300 shares, a decline of 60.1% from the March 15th total of 18,300 shares. Based on an average daily trading volume, of 64,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

US Treasury 10 Year Note ETF Stock Up 0.3 %

Shares of NASDAQ UTEN opened at $43.42 on Wednesday. The firm’s 50-day moving average price is $43.48 and its 200-day moving average price is $43.39. US Treasury 10 Year Note ETF has a 52-week low of $41.85 and a 52-week high of $46.03.

US Treasury 10 Year Note ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Tuesday, April 1st were issued a $0.1639 dividend. This is an increase from US Treasury 10 Year Note ETF’s previous dividend of $0.16. The ex-dividend date was Tuesday, April 1st.

US Treasury 10 Year Note ETF Company Profile

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.