US Treasury 3 Year Note ETF (NASDAQ:UTRE – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 5,699 shares, a decline of 47.0% from the September 15th total of 10,750 shares. Based on an average trading volume of 8,459 shares, the short-interest ratio is presently 0.7 days. Currently, 2.6% of the shares of the company are sold short.
US Treasury 3 Year Note ETF Price Performance
Shares of NASDAQ:UTRE traded up $0.06 during trading on Friday, hitting $48.32. 401 shares of the stock were exchanged, compared to its average volume of 5,076. US Treasury 3 Year Note ETF has a 1-year low of $47.90 and a 1-year high of $50.09. The company’s fifty day simple moving average is $48.52 and its 200-day simple moving average is $48.96.
About US Treasury 3 Year Note ETF
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. UTRE was launched on Mar 28, 2023 and is managed by US Benchmark Series.
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