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

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 197 shares, a decrease of 83.4% from the July 15th total of 1,189 shares. Based on an average daily volume of 472 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

US Treasury 7 Year Note ETF Stock Performance

USVN traded up $0.10 during trading on Wednesday, reaching $47.14. The company had a trading volume of 360 shares, compared to its average volume of 1,796. US Treasury 7 Year Note ETF has a 12 month low of $46.90 and a 12 month high of $49.29. The business’s fifty day moving average price is $47.39 and its 200 day moving average price is $47.96.

US Treasury 7 Year Note ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were issued a dividend of $0.1648 per share. The ex-dividend date was Tuesday, July 28th. This is a positive change from US Treasury 7 Year Note ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.