US Treasury 7 Year Note ETF (NASDAQ:USVN) Short Interest Update

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 750 shares, a decrease of 55.0% from the August 31st total of 1,667 shares. Based on an average daily trading volume, of 1,057 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the company’s shares are short sold.

US Treasury 7 Year Note ETF Price Performance

USVN traded down $0.47 during trading on Tuesday, reaching $45.27. 351 shares of the company’s stock were exchanged, compared to its average volume of 1,653. The company’s fifty day moving average price is $46.73 and its 200-day moving average price is $47.44. US Treasury 7 Year Note ETF has a fifty-two week low of $45.24 and a fifty-two week high of $49.29.

US Treasury 7 Year Note ETF Company Profile

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve. USVN was launched on Mar 28, 2023 and is managed by F/m Investments.