US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Up 66.7% in December

US Treasury 3 Year Note ETF (NASDAQ:UTRE) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 2,000 shares, a growth of 66.7% from the November 30th total of 1,200 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 1.5 days.

US Treasury 3 Year Note ETF Price Performance

Shares of US Treasury 3 Year Note ETF stock traded up $0.02 during trading on Friday, reaching $48.88. The company’s stock had a trading volume of 68 shares, compared to its average volume of 3,152. The firm’s 50-day moving average is $49.06 and its two-hundred day moving average is $49.29. US Treasury 3 Year Note ETF has a 52-week low of $48.29 and a 52-week high of $50.11.

US Treasury 3 Year Note ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a $0.1421 dividend. This represents a $1.71 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend was Friday, November 1st.

US Treasury 3 Year Note ETF Company Profile

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.