US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Sees Large Decline in Short Interest

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 5,000 shares, a decline of 16.7% from the September 30th total of 6,000 shares. Based on an average daily volume of 17,200 shares, the days-to-cover ratio is currently 0.3 days.

US Treasury 30 Year Bond ETF Stock Down 0.9 %

US Treasury 30 Year Bond ETF stock traded down $0.39 during trading hours on Tuesday, hitting $43.32. The stock had a trading volume of 2,722 shares, compared to its average volume of 10,112. US Treasury 30 Year Bond ETF has a 1-year low of $40.26 and a 1-year high of $48.31. The stock’s fifty day moving average is $46.20 and its two-hundred day moving average is $44.77.

US Treasury 30 Year Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Investors of record on Tuesday, October 1st were given a $0.16 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.92 annualized dividend and a dividend yield of 4.43%.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve.