Short Interest in US Treasury 7 Year Note ETF (NASDAQ:USVN) Decreases By 81.8%

US Treasury 7 Year Note ETF (NASDAQ:USVN) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 4 shares, a decline of 81.8% from the April 15th total of 22 shares. Based on an average daily volume of 538 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

US Treasury 7 Year Note ETF Stock Down 0.0%

Shares of NASDAQ:USVN traded down $0.02 during trading on Wednesday, hitting $47.69. 1,092 shares of the company traded hands, compared to its average volume of 2,261. The business’s fifty day moving average is $48.24 and its 200-day moving average is $48.58. US Treasury 7 Year Note ETF has a one year low of $47.30 and a one year high of $49.29.

US Treasury 7 Year Note ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 29th. Stockholders of record on Tuesday, April 28th were issued a dividend of $0.1446 per share. The ex-dividend date of this dividend was Tuesday, April 28th.

US Treasury 7 Year Note ETF Company Profile

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. USVN was launched on Mar 28, 2023 and is managed by F/m Investments.