US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Short Interest Down 80.7% in August

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 8,339 shares, a drop of 80.7% from the August 15th total of 43,255 shares. Based on an average trading volume of 125,906 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

US Treasury 30 Year Bond ETF Stock Performance

Shares of NASDAQ:UTHY opened at $38.15 on Friday. The business has a fifty day moving average price of $39.19 and a two-hundred day moving average price of $40.26. US Treasury 30 Year Bond ETF has a 1 year low of $38.08 and a 1 year high of $43.44.

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.