US Treasury 5 Year Note ETF (NASDAQ:UFIV) Sees Large Decline in Short Interest

US Treasury 5 Year Note ETF (NASDAQ:UFIV) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 5,710 shares, a decrease of 37.4% from the July 15th total of 9,117 shares. Based on an average daily volume of 7,215 shares, the short-interest ratio is presently 0.8 days. Currently, 0.9% of the company’s stock are short sold.

US Treasury 5 Year Note ETF Stock Performance

Shares of US Treasury 5 Year Note ETF stock remained flat at $47.99 during trading on Tuesday. 8,410 shares of the stock traded hands, compared to its average volume of 7,473. The business’s 50-day simple moving average is $48.12 and its 200-day simple moving average is $48.63. US Treasury 5 Year Note ETF has a 1-year low of $47.72 and a 1-year high of $49.74.

US Treasury 5 Year Note ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Tuesday, July 28th were issued a dividend of $0.1589 per share. This is a positive change from US Treasury 5 Year Note ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Institutional Inflows and Outflows

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:UFIV) by 15.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 78,289 shares of the company’s stock after acquiring an additional 10,536 shares during the period. Janney Montgomery Scott LLC owned 12.63% of US Treasury 5 Year Note ETF worth $3,822,000 at the end of the most recent reporting period.

US Treasury 5 Year Note ETF Company Profile

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.