US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Up 55.0% in August

US Treasury 5 Year Note ETF (NASDAQ:UFIVGet Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 8,853 shares, a growth of 55.0% from the July 30th total of 5,710 shares. Based on an average daily volume of 12,803 shares, the short-interest ratio is currently 0.7 days. Approximately 1.4% of the shares of the stock are short sold.

US Treasury 5 Year Note ETF Price Performance

Shares of US Treasury 5 Year Note ETF stock opened at $47.52 on Wednesday. The firm has a 50 day simple moving average of $48.03 and a 200 day simple moving average of $48.53. US Treasury 5 Year Note ETF has a fifty-two week low of $47.51 and a fifty-two week high of $49.74.

US Treasury 5 Year Note ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 27th were paid a dividend of $0.1691 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from US Treasury 5 Year Note ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Thursday, August 27th.

Institutional Trading of US Treasury 5 Year Note ETF

An institutional investor recently raised its stake in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC lifted its holdings in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIVFree Report) by 15.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,289 shares of the company’s stock after buying an additional 10,536 shares during the quarter. Janney Montgomery Scott LLC owned about 12.63% of US Treasury 5 Year Note ETF worth $3,822,000 at the end of the most recent quarter.

About US Treasury 5 Year Note ETF

(Get Free Report)

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.

Recommended Stories

Receive News & Ratings for US Treasury 5 Year Note ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Treasury 5 Year Note ETF and related companies with MarketBeat.com's FREE daily email newsletter.