US Treasury 10 Year Note ETF (NASDAQ:UTEN) Sees Large Increase in Short Interest

US Treasury 10 Year Note ETF (NASDAQ:UTEN – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 114,982 shares, a growth of 697.0% from the September 15th total of 14,426 shares. Based on an average trading volume of 129,572 shares, the short-interest ratio is currently 0.9 days. Approximately 1.7% of the shares of the stock are sold short.

US Treasury 10 Year Note ETF Trading Down 0.0%

NASDAQ:UTEN opened at $40.68 on Friday. US Treasury 10 Year Note ETF has a 1 year low of $40.26 and a 1 year high of $44.89. The stock has a fifty day moving average price of $41.77 and a two-hundred day moving average price of $42.69.

Hedge Funds Weigh In On US Treasury 10 Year Note ETF

A number of large investors have recently made changes to their positions in the stock. Sound Income Strategies LLC purchased a new stake in US Treasury 10 Year Note ETF during the first quarter worth about $28,000. Bank of New Hampshire increased its holdings in US Treasury 10 Year Note ETF by 143.3% in the third quarter. Bank of New Hampshire now owns 2,190 shares of the company’s stock valued at $89,000 after buying an additional 1,290 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in US Treasury 10 Year Note ETF by 5.1% in the second quarter. NewEdge Advisors LLC now owns 36,720 shares of the company’s stock valued at $1,586,000 after buying an additional 1,795 shares in the last quarter.

US Treasury 10 Year Note ETF Company Profile

(Get Free Report)

The US Treasury 10 Year Note ETF (UTEN) 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, 10-year US Treasury note. The fund is designed for those specifically required to track the 10-year tenor on the yield curve. UTEN was launched on Aug 9, 2022 and is managed by F/m Investments.

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