US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Sees Significant Drop in Short Interest

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 60,132 shares, a decrease of 35.1% from the June 30th total of 92,613 shares. Based on an average daily trading volume, of 96,920 shares, the short-interest ratio is presently 0.6 days. Approximately 1.4% of the company’s shares are short sold.

US Treasury 30 Year Bond ETF Stock Performance

NASDAQ:UTHY opened at $38.73 on Friday. US Treasury 30 Year Bond ETF has a 12-month low of $38.58 and a 12-month high of $43.44. The stock’s fifty day simple moving average is $40.18 and its 200-day simple moving average is $40.81.

US Treasury 30 Year Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th were paid a $0.1599 dividend. The ex-dividend date of this dividend was Tuesday, July 28th.

US Treasury 30 Year Bond ETF Company Profile

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.