US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 21,800 shares, a growth of 127.1% from the October 31st total of 9,600 shares. Based on an average trading volume of 48,000 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. EverSource Wealth Advisors LLC acquired a new position in US Treasury 10 Year Note ETF (NASDAQ:UTEN) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned about 0.06% of US Treasury 10 Year Note ETF at the end of the most recent quarter.

US Treasury 10 Year Note ETF Trading Up 0.4 %

Shares of UTEN stock opened at $43.77 on Thursday. US Treasury 10 Year Note ETF has a one year low of $42.21 and a one year high of $46.03. The firm has a 50-day moving average of $44.12 and a 200-day moving average of $44.18.

US Treasury 10 Year Note ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were given a dividend of $0.1356 per share. The ex-dividend date was Friday, November 1st. This represents a $1.63 annualized dividend and a dividend yield of 3.72%.

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.