US Treasury 7 Year Note ETF (NASDAQ:USVN) Sees Significant Decrease in Short Interest

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

US Treasury 7 Year Note ETF Stock Performance

US Treasury 7 Year Note ETF stock opened at $48.16 on Friday. The company’s 50-day moving average is $47.06 and its 200-day moving average is $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 disclosed a dividend, which was paid on Tuesday, February 4th. Shareholders of record on Monday, February 3rd were paid a $0.1714 dividend. This is a positive change from US Treasury 7 Year Note ETF’s previous dividend of $0.16. The ex-dividend date of this dividend 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.