US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Down 28.5% in September

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 12,300 shares, a decline of 28.5% from the August 31st total of 17,200 shares. Based on an average daily volume of 47,800 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A hedge fund recently raised its stake in US Treasury 10 Year Note ETF stock. Janney Montgomery Scott LLC lifted its position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) by 82.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,475 shares of the company’s stock after purchasing an additional 21,525 shares during the period. Janney Montgomery Scott LLC owned 2.07% of US Treasury 10 Year Note ETF worth $2,091,000 at the end of the most recent quarter.

US Treasury 10 Year Note ETF Price Performance

Shares of US Treasury 10 Year Note ETF stock opened at $45.56 on Friday. US Treasury 10 Year Note ETF has a 52 week low of $41.43 and a 52 week high of $46.03. The business has a 50 day moving average price of $45.14 and a 200-day moving average price of $43.96.

US Treasury 10 Year Note ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Tuesday, September 3rd were given a $0.1491 dividend. This represents a $1.79 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend was Tuesday, September 3rd.

About US Treasury 10 Year Note ETF

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.