US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Update

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,300 shares, an increase of 200.0% from the January 31st total of 1,100 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 2.1 days.

US Treasury 3 Year Note ETF Trading Up 0.2 %

Shares of UTRE stock opened at $49.43 on Friday. US Treasury 3 Year Note ETF has a 12 month low of $48.29 and a 12 month high of $50.11. The stock has a 50-day moving average price of $48.95 and a 200 day moving average price of $49.26.

US Treasury 3 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 4th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1629 per share. This is a boost from US Treasury 3 Year Note ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, February 3rd.

About US Treasury 3 Year Note ETF

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.