US Treasury 7 Year Note ETF (NASDAQ:USVN) Short Interest Down 85.7% in February

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 85.7% from the January 31st total of 700 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.1 days.

US Treasury 7 Year Note ETF Price Performance

Shares of NASDAQ:USVN opened at $48.16 on Friday. The company’s 50-day moving average price is $47.06 and its two-hundred day moving average price is $47.97. US Treasury 7 Year Note ETF has a one year low of $46.36 and a one year high of $49.87.

US Treasury 7 Year Note ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were issued a dividend of $0.1714 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from US Treasury 7 Year Note ETF’s previous dividend of $0.16.

About US Treasury 7 Year Note ETF

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve.