US Treasury 5 Year Note ETF (NASDAQ:UFIV) Sees Large Drop in Short Interest

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 85.7% from the January 15th total of 700 shares. Based on an average daily volume of 13,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of UFIV. Flow Traders U.S. LLC acquired a new position in shares of US Treasury 5 Year Note ETF during the third quarter valued at about $551,000. Janney Montgomery Scott LLC bought a new stake in US Treasury 5 Year Note ETF in the 4th quarter valued at about $2,545,000. Finally, Huntington National Bank acquired a new position in US Treasury 5 Year Note ETF during the 4th quarter worth approximately $93,000.

US Treasury 5 Year Note ETF Trading Up 0.4 %

Shares of UFIV stock opened at $47.88 on Friday. US Treasury 5 Year Note ETF has a fifty-two week low of $47.32 and a fifty-two week high of $50.02. The stock has a 50 day simple moving average of $47.94 and a two-hundred day simple moving average of $48.66.

US Treasury 5 Year Note ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were given a dividend of $0.1694 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from US Treasury 5 Year Note ETF’s previous dividend of $0.16.

US Treasury 5 Year Note ETF Company Profile

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve.