US Treasury 10 Year Note ETF (NASDAQ:UTEN) Short Interest Update

US Treasury 10 Year Note ETF (NASDAQ:UTEN) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 24,415 shares, a decline of 53.3% from the June 30th total of 52,306 shares. Based on an average daily volume of 53,316 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are sold short.

US Treasury 10 Year Note ETF Trading Up 0.3%

Shares of NASDAQ UTEN opened at $42.63 on Tuesday. The firm has a 50-day simple moving average of $43.00 and a 200-day simple moving average of $43.56. US Treasury 10 Year Note ETF has a 52 week low of $42.39 and a 52 week high of $44.89.

US Treasury 10 Year Note ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a dividend of $0.1525 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Trading of US Treasury 10 Year Note ETF

Hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of US Treasury 10 Year Note ETF by 3.2% during the 2nd quarter. NewEdge Advisors LLC now owns 87,170 shares of the company’s stock worth $3,827,000 after purchasing an additional 2,704 shares during the last quarter. Sound Income Strategies LLC purchased a new stake in shares of US Treasury 10 Year Note ETF in the first quarter valued at approximately $28,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of US Treasury 10 Year Note ETF by 67.7% in the third quarter. JPMorgan Chase & Co. now owns 845 shares of the company’s stock valued at $37,000 after purchasing an additional 341 shares during the last quarter.

US Treasury 10 Year Note ETF Company Profile

The US Treasury 10 Year Note ETF (UTEN) 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, 10-year US Treasury note. The fund is designed for those specifically required to track the 10-year tenor on the yield curve. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.