US Treasury 7 Year Note ETF (NASDAQ:USVN) Short Interest Down 81.8% in April

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 4 shares, a decrease of 81.8% from the April 15th total of 22 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 538 shares, the short-interest ratio is currently 0.0 days.

US Treasury 7 Year Note ETF Trading Down 0.0%

Shares of NASDAQ USVN traded down $0.01 during midday trading on Tuesday, hitting $47.86. The stock had a trading volume of 123 shares, compared to its average volume of 2,299. The business’s 50 day moving average is $48.27 and its 200-day moving average is $48.59. US Treasury 7 Year Note ETF has a 52 week low of $47.30 and a 52 week high of $49.29.

US Treasury 7 Year Note ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 29th. Stockholders of record on Tuesday, April 28th were paid a $0.1446 dividend. The ex-dividend date was Tuesday, April 28th.

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.