US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Short Interest Update

Posted by Charles Blunt on Nov 30th, 2024

US Treasury 30 Year Bond ETF (NASDAQ:UTHY – Get Free Report) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 6,800 shares, an increase of 28.3% from the October 31st total of 5,300 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in US Treasury 30 Year Bond ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of US Treasury 30 Year Bond ETF (NASDAQ:UTHY – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned about 14.94% of US Treasury 30 Year Bond ETF as of its most recent SEC filing.

US Treasury 30 Year Bond ETF Price Performance

Shares of UTHY traded up $0.52 on Friday, hitting $44.78. 3,006 shares of the stock traded hands, compared to its average volume of 9,823. US Treasury 30 Year Bond ETF has a one year low of $41.79 and a one year high of $48.31. The business has a 50 day simple moving average of $44.49 and a 200 day simple moving average of $44.92.

US Treasury 30 Year Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1505 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.81 annualized dividend and a yield of 4.03%.

About US Treasury 30 Year Bond ETF

(Get Free Report)

The US Treasury 30 Year Bond ETF (UTHY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 30-year US Treasury bond. The fund is designed for those specifically required to track the 30-year tenor on the yield curve.