US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Down 73.1% in January

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 13,000 shares, a decrease of 73.1% from the December 31st total of 48,400 shares. Based on an average daily volume of 49,300 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC acquired a new position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned approximately 0.26% of US Treasury 10 Year Note ETF as of its most recent SEC filing.

US Treasury 10 Year Note ETF Trading Down 0.0 %

NASDAQ:UTEN traded down $0.02 during mid-day trading on Friday, hitting $42.86. The company had a trading volume of 14,293 shares, compared to its average volume of 45,013. The business’s fifty day moving average is $42.94 and its two-hundred day moving average is $44.00. US Treasury 10 Year Note ETF has a fifty-two week low of $41.85 and a fifty-two week high of $46.03.

US Treasury 10 Year Note ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were issued a $0.1453 dividend. The ex-dividend date of this dividend was Monday, December 30th.

About US Treasury 10 Year Note ETF

The US Treasury 10 Year Note ETF (UTEN) 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, 10-year US Treasury note. The fund is designed for those specifically required to track the 10-year tenor on the yield curve.