Short Interest in US Treasury 5 Year Note ETF (NASDAQ:UFIV) Declines By 56.3%

Posted by James Nelson on Nov 15th, 2024

US Treasury 5 Year Note ETF (NASDAQ:UFIV – Get Free Report) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 700 shares, a drop of 56.3% from the October 15th total of 1,600 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On US Treasury 5 Year Note ETF

An institutional investor recently bought a new position in US Treasury 5 Year Note ETF stock. Flow Traders U.S. LLC bought a new position in US Treasury 5 Year Note ETF (NASDAQ:UFIV – Free Report) in the third quarter, according to its most recent filing with the SEC. The firm bought 11,083 shares of the company’s stock, valued at approximately $551,000. Flow Traders U.S. LLC owned approximately 2.02% of US Treasury 5 Year Note ETF as of its most recent SEC filing.

US Treasury 5 Year Note ETF Price Performance

UFIV traded up $0.06 on Friday, hitting $48.08. The company had a trading volume of 4,117 shares, compared to its average volume of 5,794. The stock has a fifty day moving average price of $49.08 and a 200-day moving average price of $48.68. US Treasury 5 Year Note ETF has a 12-month low of $47.32 and a 12-month high of $50.02.

US Treasury 5 Year Note ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were given a $0.1352 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.38%.

US Treasury 5 Year Note ETF Company Profile

(Get Free Report)

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.