Short Interest in US Treasury 3 Year Note ETF (NASDAQ:UTRE) Expands By 66.7%

US Treasury 3 Year Note ETF (NASDAQ:UTRE) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,000 shares, an increase of 66.7% from the November 30th total of 1,200 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 1.5 days.

US Treasury 3 Year Note ETF Stock Up 0.0 %

Shares of UTRE stock traded up $0.02 during mid-day trading on Friday, hitting $48.88. The stock had a trading volume of 68 shares, compared to its average volume of 3,152. US Treasury 3 Year Note ETF has a fifty-two week low of $48.29 and a fifty-two week high of $50.11. The company’s 50-day simple moving average is $49.06 and its 200-day simple moving average is $49.28.

US Treasury 3 Year Note ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were paid a $0.1421 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.71 dividend on an annualized basis and a dividend yield of 3.49%.

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.