US Treasury 7 Year Note ETF (NASDAQ:USVN) Sees Large Increase in Short Interest

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 300 shares, a growth of 200.0% from the December 15th total of 100 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.4 days.

US Treasury 7 Year Note ETF Stock Up 0.9 %

NASDAQ USVN traded up $0.42 on Thursday, reaching $46.81. The company had a trading volume of 654 shares, compared to its average volume of 328. US Treasury 7 Year Note ETF has a 1 year low of $46.36 and a 1 year high of $49.87. The firm has a 50-day moving average of $47.29 and a 200-day moving average of $48.18.

US Treasury 7 Year Note ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were issued a dividend of $0.1556 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.