Short Interest in US Treasury 7 Year Note ETF (NASDAQ:USVN) Declines By 57.1%

US Treasury 7 Year Note ETF (NASDAQ:USVNGet Free Report) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a decline of 57.1% from the February 28th total of 1,400 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.6 days.

US Treasury 7 Year Note ETF Trading Down 0.1 %

Shares of US Treasury 7 Year Note ETF stock opened at $47.75 on Friday. US Treasury 7 Year Note ETF has a 12-month low of $46.36 and a 12-month high of $49.87. The business’s 50 day moving average is $47.48 and its 200-day moving average is $47.80.

US Treasury 7 Year Note ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 4th. Shareholders of record on Monday, March 3rd were paid a $0.1696 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About US Treasury 7 Year Note ETF

(Get Free Report)

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.

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