US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Up 305.7% in December

US Treasury 10 Year Note ETF (NASDAQ:UTEN) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 28,400 shares, an increase of 305.7% from the November 30th total of 7,000 shares. Based on an average daily volume of 47,400 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in US Treasury 10 Year Note ETF stock. Flow Traders U.S. LLC bought a new position in shares of US Treasury 10 Year Note ETF (NASDAQ:UTEN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,197 shares of the company’s stock, valued at approximately $418,000. Flow Traders U.S. LLC owned about 0.26% of US Treasury 10 Year Note ETF as of its most recent SEC filing.

US Treasury 10 Year Note ETF Price Performance

Shares of NASDAQ UTEN opened at $42.67 on Friday. US Treasury 10 Year Note ETF has a 12 month low of $42.21 and a 12 month high of $46.03. The stock has a 50-day moving average price of $43.44 and a two-hundred day moving average price of $44.20.

US Treasury 10 Year Note ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a $0.1356 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.63 annualized dividend and a dividend yield of 3.81%.

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.