US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Short Interest Up 548.7% in May

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 20,655 shares, a growth of 548.7% from the May 14th total of 3,184 shares. Based on an average daily trading volume, of 66,355 shares, the short-interest ratio is presently 0.3 days. Approximately 3.2% of the company’s shares are sold short.

US Treasury 30 Year Bond ETF Price Performance

Shares of UTHY traded down $0.12 during mid-day trading on Friday, hitting $40.50. 177,932 shares of the company’s stock traded hands, compared to its average volume of 44,434. US Treasury 30 Year Bond ETF has a 1 year low of $39.12 and a 1 year high of $43.44. The business’s 50-day moving average price is $40.48 and its 200-day moving average price is $41.20.

US Treasury 30 Year Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.1578 per share. This is a boost from US Treasury 30 Year Bond ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Thursday, May 28th.

About US Treasury 30 Year Bond ETF

The US Treasury 30 Year Bond ETF (UTHY) 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, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve. UTHY was launched on Mar 28, 2023 and is managed by F/m Investments.