US Treasury 10 Year Note ETF (NASDAQ:UTEN) Sees Large Growth in Short Interest

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 10,500 shares, a growth of 32.9% from the January 31st total of 7,900 shares. Based on an average daily volume of 43,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of 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) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned 0.26% of US Treasury 10 Year Note ETF at the end of the most recent quarter.

US Treasury 10 Year Note ETF Stock Performance

NASDAQ:UTEN opened at $43.58 on Thursday. US Treasury 10 Year Note ETF has a 12-month low of $41.85 and a 12-month high of $46.03. The stock’s fifty day simple moving average is $42.81 and its 200-day simple moving average is $43.78.

US Treasury 10 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were paid a dividend of $0.1552 per share. The ex-dividend date was Monday, March 3rd. This is an increase from US Treasury 10 Year Note ETF’s previous dividend of $0.15.

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.