US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Sees Large Increase in Short Interest

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 43,255 shares, a growth of 267.6% from the July 30th total of 11,767 shares. Based on an average daily volume of 105,827 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.0% of the shares of the stock are short sold.

US Treasury 30 Year Bond ETF Stock Down 0.2%

US Treasury 30 Year Bond ETF stock opened at $39.26 on Thursday. US Treasury 30 Year Bond ETF has a 12-month low of $38.38 and a 12-month high of $43.44. The firm’s 50-day moving average is $39.67 and its two-hundred day moving average is $40.51.

US Treasury 30 Year Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 29th. Investors of record on Tuesday, July 28th were paid a dividend of $0.1599 per share. The ex-dividend date of this dividend was Tuesday, July 28th.

US Treasury 30 Year Bond ETF Company Profile

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