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

US Treasury 5 Year Note ETF (NASDAQ:UFIV) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 14,141 shares, a growth of 59.7% from the August 15th total of 8,853 shares. Based on an average trading volume of 4,207 shares, the short-interest ratio is currently 3.4 days. Currently, 2.3% of the shares of the company are short sold.

US Treasury 5 Year Note ETF Stock Performance

Shares of UFIV stock traded up $0.13 during mid-day trading on Thursday, hitting $47.09. 71,619 shares of the stock were exchanged, compared to its average volume of 7,703. The stock’s fifty day simple moving average is $47.82 and its two-hundred day simple moving average is $48.36. US Treasury 5 Year Note ETF has a 12-month low of $46.96 and a 12-month high of $49.74.

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 raised its position in US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 15.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,289 shares of the company’s stock after buying an additional 10,536 shares during the quarter. Janney Montgomery Scott LLC owned approximately 12.63% of US Treasury 5 Year Note ETF worth $3,822,000 as of its most recent filing with the Securities and Exchange Commission.

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.