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

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

US Treasury 3 Year Note ETF Stock Performance

US Treasury 3 Year Note ETF stock traded up $0.02 during mid-day trading on Friday, reaching $48.88. The company’s stock had a trading volume of 68 shares, compared to its average volume of 3,152. US Treasury 3 Year Note ETF has a twelve month low of $48.29 and a twelve month high of $50.11. The business has a 50 day moving average price of $49.06 and a 200-day moving average price of $49.28.

US Treasury 3 Year Note ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a dividend of $0.1421 per share. The ex-dividend date was Friday, November 1st. This represents a $1.71 dividend on an annualized basis and a 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.