US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Short Interest Up 162.5% in March

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 2,100 shares, a growth of 162.5% from the February 28th total of 800 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.5% of the company’s stock are sold short.

US Treasury 30 Year Bond ETF Price Performance

UTHY stock opened at $42.83 on Friday. US Treasury 30 Year Bond ETF has a twelve month low of $40.40 and a twelve month high of $48.31. The company’s 50 day moving average is $42.55 and its two-hundred day moving average is $43.51.

US Treasury 30 Year Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were given a $0.161 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from US Treasury 30 Year Bond ETF’s previous dividend of $0.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in US Treasury 30 Year Bond ETF stock. Flow Traders U.S. LLC acquired a new position in shares of US Treasury 30 Year Bond ETF (NASDAQ:UTHY) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 58,279 shares of the company’s stock, valued at approximately $2,724,000. Flow Traders U.S. LLC owned 14.94% of US Treasury 30 Year Bond ETF at the end of the most recent quarter.

About US Treasury 30 Year Bond ETF

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.