US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Up 681.2% in July

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 9,117 shares, a growth of 681.2% from the June 30th total of 1,167 shares. Based on an average daily trading volume, of 5,063 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the company’s stock are sold short.

US Treasury 5 Year Note ETF Stock Up 0.2%

Shares of US Treasury 5 Year Note ETF stock traded up $0.08 on Friday, reaching $47.92. The stock had a trading volume of 2,540 shares, compared to its average volume of 7,147. The company has a 50 day moving average price of $48.23 and a 200 day moving average price of $48.78. US Treasury 5 Year Note ETF has a 1 year low of $47.81 and a 1 year high of $49.74.

US Treasury 5 Year Note ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.1558 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 3.9%.

Hedge Funds Weigh In On US Treasury 5 Year Note ETF

An institutional investor recently raised its position in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC raised its holdings in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 15.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,289 shares of the company’s stock after purchasing an additional 10,536 shares during the period. Janney Montgomery Scott LLC owned 12.63% of US Treasury 5 Year Note ETF worth $3,822,000 at the end of the most recent quarter.

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. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.