US Treasury 20 Year Bond ETF (NASDAQ:UTWY) Sees Significant Drop in Short Interest

US Treasury 20 Year Bond ETF (NASDAQ:UTWY) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 5,100 shares, a decline of 29.2% from the March 15th total of 7,200 shares. Based on an average trading volume of 13,300 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.9% of the company’s shares are short sold.

US Treasury 20 Year Bond ETF Stock Performance

Shares of NASDAQ UTWY opened at $43.49 on Friday. US Treasury 20 Year Bond ETF has a 52-week low of $42.32 and a 52-week high of $48.80. The firm has a 50 day moving average price of $44.36 and a 200 day moving average price of $44.51.

US Treasury 20 Year Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Tuesday, April 1st were paid a $0.1717 dividend. This is a positive change from US Treasury 20 Year Bond ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, April 1st.

About US Treasury 20 Year Bond ETF

The US Treasury 20 Year Bond ETF (UTWY) 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, 20-year US Treasury note. The fund is designed for those specifically required to track the 20-year tenor on the yield curve UTWY was launched on Mar 28, 2023 and is managed by F/m Investments.