US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Down 66.7% in September

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 4,800 shares, a decrease of 66.7% from the September 15th total of 14,400 shares. Based on an average trading volume of 47,100 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 47,100 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of US Treasury 10 Year Note ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Flow Traders U.S. LLC acquired a new stake in US Treasury 10 Year Note ETF during the first quarter valued at $528,000. Farther Finance Advisors LLC acquired a new stake in US Treasury 10 Year Note ETF during the third quarter valued at $2,143,000. Finally, NewEdge Advisors LLC grew its position in US Treasury 10 Year Note ETF by 117.6% during the first quarter. NewEdge Advisors LLC now owns 84,466 shares of the company’s stock valued at $3,709,000 after buying an additional 45,642 shares during the period.

US Treasury 10 Year Note ETF Trading Down 0.2%

NASDAQ:UTEN opened at $44.69 on Friday. US Treasury 10 Year Note ETF has a 1-year low of $41.85 and a 1-year high of $44.92. The company’s fifty day moving average price is $44.12 and its 200-day moving average price is $43.63.

US Treasury 10 Year Note ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Wednesday, October 1st were paid a $0.1457 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.