US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Sees Large Growth in Short Interest

US Treasury 30 Year Bond ETF (NASDAQ:UTHYGet Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 43,255 shares, an increase of 267.6% from the July 30th total of 11,767 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average trading volume of 105,827 shares, the days-to-cover ratio is currently 0.4 days.

US Treasury 30 Year Bond ETF Stock Down 0.3%

Shares of NASDAQ:UTHY traded down $0.12 during trading on Friday, hitting $38.94. 50,590 shares of the company traded hands, compared to its average volume of 78,151. The business’s fifty day moving average is $39.63 and its 200-day moving average is $40.49. US Treasury 30 Year Bond ETF has a one year low of $38.38 and a one year high of $43.44.

US Treasury 30 Year Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, August 28th. Shareholders of record on Thursday, August 27th will be paid a $0.1599 dividend. The ex-dividend date is Thursday, August 27th.

About US Treasury 30 Year Bond ETF

(Get Free Report)

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve. UTHY was launched on Mar 28, 2023 and is managed by F/m Investments.

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