US Treasury 3 Year Note ETF (NASDAQ:UTRE) Short Interest Up 77.8% in June

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 1,600 shares, an increase of 77.8% from the May 31st total of 900 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 1.5 days.

US Treasury 3 Year Note ETF Stock Down 0.0 %

UTRE traded down $0.02 on Friday, reaching $48.79. 90 shares of the company’s stock were exchanged, compared to its average volume of 2,970. The company’s 50 day moving average is $48.61 and its 200-day moving average is $48.91. US Treasury 3 Year Note ETF has a twelve month low of $48.22 and a twelve month high of $49.61.

US Treasury 3 Year Note ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 4th. Investors of record on Monday, June 3rd were given a dividend of $0.176 per share. This represents a $2.11 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date was Monday, June 3rd.

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.