US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTENGet Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 24,415 shares, a drop of 53.3% from the June 30th total of 52,306 shares. Based on an average daily volume of 53,316 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UTEN. Sound Income Strategies LLC acquired a new stake in shares of US Treasury 10 Year Note ETF in the first quarter worth approximately $28,000. JPMorgan Chase & Co. increased its position in US Treasury 10 Year Note ETF by 67.7% during the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock worth $37,000 after purchasing an additional 341 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in US Treasury 10 Year Note ETF by 5.0% during the fourth quarter. NewEdge Advisors LLC now owns 36,585 shares of the company’s stock worth $1,612,000 after purchasing an additional 1,743 shares during the period.

US Treasury 10 Year Note ETF Trading Down 0.5%

US Treasury 10 Year Note ETF stock opened at $42.40 on Thursday. The stock has a fifty day moving average price of $42.99 and a 200 day moving average price of $43.54. US Treasury 10 Year Note ETF has a 52 week low of $42.39 and a 52 week high of $44.89.

US Treasury 10 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th were issued a $0.151 dividend. This is a positive change from US Treasury 10 Year Note ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, July 28th.

US Treasury 10 Year Note ETF Company Profile

(Get Free Report)

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. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.

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