US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Short Interest Down 44.7% in December

Posted by Lisa Pomrenke on Dec 27th, 2024

US Treasury 30 Year Bond ETF (NASDAQ:UTHY – Get Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 6,300 shares, a decline of 44.7% from the November 30th total of 11,400 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of US Treasury 30 Year Bond ETF

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

US Treasury 30 Year Bond ETF Stock Down 0.1 %

Shares of NASDAQ:UTHY opened at $41.99 on Friday. The company has a 50 day moving average price of $43.57 and a two-hundred day moving average price of $44.90. US Treasury 30 Year Bond ETF has a 52 week low of $41.66 and a 52 week high of $48.31.

US Treasury 30 Year Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a $0.1505 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date of this dividend was Friday, November 1st.

US Treasury 30 Year Bond ETF Company Profile

(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.