US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

Posted by Tech Dows on Nov 12th, 2024

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 9,600 shares, a decline of 66.4% from the October 15th total of 28,600 shares. Based on an average trading volume of 46,600 shares, the days-to-cover ratio is presently 0.2 days.

US Treasury 10 Year Note ETF Stock Down 0.2 %

NASDAQ:UTEN traded down $0.10 on Tuesday, reaching $43.31. 3,304 shares of the stock traded hands, compared to its average volume of 43,699. The company’s fifty day simple moving average is $44.70 and its 200 day simple moving average is $44.15. US Treasury 10 Year Note ETF has a 12 month low of $42.21 and a 12 month high of $46.03.

US Treasury 10 Year Note ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a dividend of $0.1356 per share. This represents a $1.63 annualized dividend and a dividend yield of 3.76%. The ex-dividend date was Friday, November 1st.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A hedge fund recently bought a new stake in US Treasury 10 Year Note ETF stock. EverSource Wealth Advisors LLC bought a new stake in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,561 shares of the company’s stock, valued at approximately $66,000. EverSource Wealth Advisors LLC owned 0.06% of US Treasury 10 Year Note ETF as of its most recent filing with the Securities and Exchange Commission.

US Treasury 10 Year Note ETF Company Profile

(Get Free Report)

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.