US Treasury 5 Year Note ETF (NASDAQ:UFIV) Sees Significant Growth in Short Interest

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 9,117 shares, a growth of 681.2% from the June 30th total of 1,167 shares. Based on an average daily trading volume, of 5,063 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the shares of the company are sold short.

US Treasury 5 Year Note ETF Price Performance

Shares of UFIV stock opened at $47.92 on Friday. The company’s fifty day simple moving average is $48.23 and its two-hundred day simple moving average is $48.78. US Treasury 5 Year Note ETF has a 1 year low of $47.81 and a 1 year high of $49.74.

US Treasury 5 Year Note ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a $0.1558 dividend. The ex-dividend date was Monday, June 29th. This represents a c) annualized dividend and a dividend yield of 3.9%.

Institutional Trading of US Treasury 5 Year Note ETF

An institutional investor recently raised its position in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC increased its stake in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 15.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 78,289 shares of the company’s stock after purchasing an additional 10,536 shares during the period. Janney Montgomery Scott LLC owned 12.63% of US Treasury 5 Year Note ETF worth $3,822,000 as of its most recent SEC filing.

About US Treasury 5 Year Note ETF

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