US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Update

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 18,900 shares, a growth of 130.5% from the February 28th total of 8,200 shares. Approximately 2.1% of the shares of the company are sold short. Based on an average daily volume of 17,700 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On US Treasury 5 Year Note ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Flow Traders U.S. LLC bought a new position in shares of US Treasury 5 Year Note ETF in the third quarter worth approximately $551,000. Janney Montgomery Scott LLC bought a new stake in US Treasury 5 Year Note ETF in the 4th quarter valued at $2,545,000. Finally, Huntington National Bank bought a new stake in shares of US Treasury 5 Year Note ETF in the fourth quarter worth about $93,000.

US Treasury 5 Year Note ETF Stock Up 0.5 %

Shares of US Treasury 5 Year Note ETF stock opened at $48.81 on Friday. The stock’s fifty day moving average is $48.28 and its 200 day moving average is $48.46. US Treasury 5 Year Note ETF has a one year low of $47.32 and a one year high of $50.02.

US Treasury 5 Year Note ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1666 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve.