Short Interest in US Treasury 7 Year Note ETF (NASDAQ:USVN) Increases By 450.0%

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 22 shares, a growth of 450.0% from the April 30th total of 4 shares. Based on an average trading volume of 1,329 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

US Treasury 7 Year Note ETF Price Performance

Shares of NASDAQ USVN traded down $0.01 during mid-day trading on Thursday, reaching $47.69. 852 shares of the company traded hands, compared to its average volume of 2,363. US Treasury 7 Year Note ETF has a fifty-two week low of $47.10 and a fifty-two week high of $49.29. The stock has a fifty day simple moving average of $47.99 and a 200-day simple moving average of $48.48.

US Treasury 7 Year Note ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 28th will be paid a dividend of $0.151 per share. This is a boost from US Treasury 7 Year Note ETF’s previous dividend of $0.14. The ex-dividend date is Thursday, May 28th.

US Treasury 7 Year Note ETF Company Profile

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve. USVN was launched on Mar 28, 2023 and is managed by F/m Investments.