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

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 8,200 shares, an increase of 22.4% from the February 13th total of 6,700 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On US Treasury 5 Year Note ETF

Several large investors have recently modified their holdings of UFIV. Flow Traders U.S. LLC bought a new stake in shares of US Treasury 5 Year Note ETF during the 3rd quarter worth $551,000. Janney Montgomery Scott LLC bought a new stake in shares of US Treasury 5 Year Note ETF during the 4th quarter worth $2,545,000. Finally, Huntington National Bank purchased a new stake in shares of US Treasury 5 Year Note ETF in the fourth quarter valued at $93,000.

US Treasury 5 Year Note ETF Price Performance

UFIV opened at $48.55 on Wednesday. The business has a fifty day simple moving average of $48.12 and a 200-day simple moving average of $48.50. US Treasury 5 Year Note ETF has a fifty-two week low of $47.32 and a fifty-two week high of $50.02.

US Treasury 5 Year Note ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1666 per share. The ex-dividend date was Monday, March 3rd.

US Treasury 5 Year Note ETF Company Profile

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.