US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Sees Significant Increase in Short Interest

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 43,255 shares, a growth of 267.6% from the July 30th total of 11,767 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 105,827 shares, the days-to-cover ratio is presently 0.4 days.

US Treasury 30 Year Bond ETF Trading Down 0.3%

US Treasury 30 Year Bond ETF stock opened at $38.93 on Friday. US Treasury 30 Year Bond ETF has a one year low of $38.38 and a one year high of $43.44. The stock has a fifty day moving average of $39.59 and a 200 day moving average of $40.48.

US Treasury 30 Year Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 27th were given a dividend of $0.1599 per share. The ex-dividend date of this dividend was Thursday, August 27th.

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. UTHY was launched on Mar 28, 2023 and is managed by F/m Investments.