US Treasury 30 Year Bond ETF (NASDAQ:UTHY) Stock Short Interest Jumps 190.8%

US Treasury 30 Year Bond ETF (NASDAQ:UTHY) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 83,645 shares, an increase of 190.8% from the September 15th total of 28,759 shares. Based on an average trading volume of 110,506 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.5% of the company’s stock are sold short.

US Treasury 30 Year Bond ETF Stock Performance

Shares of UTHY stock traded up $0.16 during trading hours on Tuesday, hitting $37.03. 73,562 shares of the company were exchanged, compared to its average volume of 82,673. US Treasury 30 Year Bond ETF has a one year low of $36.13 and a one year high of $43.44. The business’s 50-day simple moving average is $38.23 and its two-hundred day simple moving average is $39.60.

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