Short Interest in US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Drops By 35.1%

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 60,132 shares, a decrease of 35.1% from the June 30th total of 92,613 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average daily volume of 96,920 shares, the days-to-cover ratio is presently 0.6 days.

US Treasury 30 Year Bond ETF Price Performance

UTHY stock opened at $38.96 on Friday. US Treasury 30 Year Bond ETF has a twelve month low of $38.86 and a twelve month high of $43.44. The company’s 50 day moving average is $40.21 and its two-hundred day moving average is $40.82.

US Treasury 30 Year Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were given a $0.1599 dividend. The ex-dividend date of this dividend was Tuesday, July 28th.

US Treasury 30 Year Bond ETF Company Profile

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.