US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Up 66.7% in December

Posted by Paula Ricardo on Dec 29th, 2024

US Treasury 3 Year Note ETF (NASDAQ:UTRE – Get Free Report) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 2,000 shares, an increase of 66.7% from the November 30th total of 1,200 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 1.5 days.

US Treasury 3 Year Note ETF Trading Up 0.0 %

NASDAQ:UTRE traded up $0.02 on Friday, hitting $48.88. The stock had a trading volume of 68 shares, compared to its average volume of 3,152. The firm’s fifty day simple moving average is $49.06 and its two-hundred day simple moving average is $49.29. US Treasury 3 Year Note ETF has a 1 year low of $48.29 and a 1 year high of $50.11.

US Treasury 3 Year Note ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a dividend of $0.1421 per share. This represents a $1.71 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend was Friday, November 1st.

About US Treasury 3 Year Note ETF

(Get Free Report)

The US Treasury 3 Year Note ETF (UTRE) is an exchange-traded fund that is based on the ICE BofA Current 3-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 3-year US Treasury note. The fund is designed for those specifically required to track the 3-year tenor on the yield curve.