US Treasury 5 Year Note ETF (NASDAQ:UFIV) Sees Large Decrease in Short Interest

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 6,200 shares, a decrease of 67.2% from the March 15th total of 18,900 shares. Based on an average daily volume of 21,800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the company’s shares are short sold.

US Treasury 5 Year Note ETF Trading Up 0.6 %

Shares of UFIV stock opened at $48.66 on Tuesday. US Treasury 5 Year Note ETF has a fifty-two week low of $47.32 and a fifty-two week high of $50.02. The business’s 50 day moving average price is $48.50 and its 200-day moving average price is $48.36.

US Treasury 5 Year Note ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 2nd. Investors of record on Tuesday, April 1st were issued a $0.1569 dividend. The ex-dividend date of this dividend was Tuesday, April 1st.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC bought a new stake in shares of US Treasury 5 Year Note ETF (NASDAQ:UFIV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 53,232 shares of the company’s stock, valued at approximately $2,545,000. Janney Montgomery Scott LLC owned approximately 5.79% of US Treasury 5 Year Note ETF at the end of the most recent quarter.

About US Treasury 5 Year Note ETF

The US Treasury 5 Year Note ETF (UFIV) is an exchange-traded fund that is based on the ICE BofA Current 5-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 5-year US Treasury note. The fund is designed for those specifically required to track the 5-year tenor on the yield curve.