Short Interest in US Treasury 3 Year Note ETF (NASDAQ:UTRE) Expands By ∞

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 174 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 1,050 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

US Treasury 3 Year Note ETF Price Performance

UTRE traded down $0.01 during midday trading on Thursday, hitting $49.01. 453 shares of the company traded hands, compared to its average volume of 3,543. The company’s 50-day moving average is $49.21 and its 200 day moving average is $49.57. US Treasury 3 Year Note ETF has a 52 week low of $48.97 and a 52 week high of $50.09.

US Treasury 3 Year Note ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.1486 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, June 29th.

About US Treasury 3 Year Note ETF

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. UTRE was launched on Mar 28, 2023 and is managed by US Benchmark Series.