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

US Treasury 3 Year Note ETF (NASDAQ:UTRE) was the target of a significant growth in short interest in 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 trading volume, of 1,300 shares, the days-to-cover ratio is presently 1.5 days.

US Treasury 3 Year Note ETF Price Performance

NASDAQ:UTRE opened at $48.88 on Friday. The business’s fifty day moving average price is $49.07 and its 200 day moving average price is $49.28. US Treasury 3 Year Note ETF has a 1-year low of $48.29 and a 1-year high of $50.11.

US Treasury 3 Year Note ETF Dividend Announcement

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

US Treasury 3 Year Note ETF Company Profile

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.