US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Short Interest Down 44.7% in December

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 6,300 shares, a decline of 44.7% from the November 30th total of 11,400 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 0.9 days.

US Treasury 30 Year Bond ETF Price Performance

Shares of UTHY stock traded down $0.31 during mid-day trading on Friday, reaching $41.68. The stock had a trading volume of 56,934 shares, compared to its average volume of 9,901. US Treasury 30 Year Bond ETF has a one year low of $41.66 and a one year high of $48.31. The firm’s 50 day simple moving average is $43.51 and its 200 day simple moving average is $44.89.

US Treasury 30 Year Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1505 dividend. This represents a $1.81 annualized dividend and a yield of 4.33%. The ex-dividend date was Friday, November 1st.

Hedge Funds Weigh In On US Treasury 30 Year Bond ETF

An institutional investor recently bought a new position in US Treasury 30 Year Bond ETF stock. Flow Traders U.S. LLC purchased a new position in shares of US Treasury 30 Year Bond ETF (NASDAQ:UTHY) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned 14.94% of US Treasury 30 Year Bond ETF as of its most recent SEC filing.

About US Treasury 30 Year Bond ETF

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.