US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Shares Shorted: Short Interest Up 244.9% in September

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 28,759 shares, an increase of 244.9% from the August 31st total of 8,339 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 103,582 shares, the days-to-cover ratio is currently 0.3 days.

US Treasury 30 Year Bond ETF Stock Performance

NASDAQ UTHY traded down $0.05 during mid-day trading on Friday, reaching $37.53. 113,031 shares of the stock were exchanged, compared to its average volume of 80,654. The business’s 50 day moving average is $38.80 and its 200-day moving average is $39.96. US Treasury 30 Year Bond ETF has a 1 year low of $37.28 and a 1 year high of $43.44.

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.