US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Up 264.3% in September

by · The Markets Daily

US Treasury 3 Year Note ETF (NASDAQ:UTRE – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 5,100 shares, an increase of 264.3% from the September 15th total of 1,400 shares. Based on an average daily volume of 5,400 shares, the short-interest ratio is presently 0.9 days.

US Treasury 3 Year Note ETF Price Performance

NASDAQ UTRE traded down $0.04 on Thursday, reaching $49.37. The company had a trading volume of 1,200 shares, compared to its average volume of 3,698. US Treasury 3 Year Note ETF has a 1-year low of $48.22 and a 1-year high of $50.11. The company’s fifty day moving average is $49.76 and its 200-day moving average is $49.07.

US Treasury 3 Year Note ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.143 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.48%.

US Treasury 3 Year Note ETF Company Profile

(Get Free Report)

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.

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