Short Interest in US Treasury 10 Year Note ETF (NASDAQ:UTEN) Declines By 60.1%

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 7,300 shares, a decrease of 60.1% from the March 15th total of 18,300 shares. Based on an average daily trading volume, of 64,100 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

US Treasury 10 Year Note ETF Trading Up 0.8 %

Shares of UTEN opened at $43.28 on Tuesday. US Treasury 10 Year Note ETF has a 52 week low of $41.85 and a 52 week high of $46.03. The stock has a 50 day moving average of $43.47 and a 200-day moving average of $43.39.

US Treasury 10 Year Note ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.1639 per share. This is a positive change from US Treasury 10 Year Note ETF’s previous dividend of $0.16. The ex-dividend date was Tuesday, April 1st.

About US Treasury 10 Year Note ETF

The US Treasury 10 Year Note ETF (UTEN) 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, 10-year US Treasury note. The fund is designed for those specifically required to track the 10-year tenor on the yield curve.