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

US Treasury 5 Year Note ETF (NASDAQ:UFIV) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 6,700 shares, an increase of 6,600.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 14,100 shares, the days-to-cover ratio is presently 0.5 days.

US Treasury 5 Year Note ETF Price Performance

UFIV opened at $48.76 on Friday. The company’s 50 day moving average is $47.94 and its 200 day moving average is $48.59. US Treasury 5 Year Note ETF has a 12-month low of $47.32 and a 12-month high of $50.02.

US Treasury 5 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were issued a $0.1694 dividend. This is an increase from US Treasury 5 Year Note ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, February 3rd.

Hedge Funds Weigh In On US Treasury 5 Year Note ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Huntington National Bank purchased a new position in shares of US Treasury 5 Year Note ETF in the fourth quarter worth approximately $93,000. Janney Montgomery Scott LLC purchased a new position in US Treasury 5 Year Note ETF during the fourth quarter valued at approximately $2,545,000. Finally, Flow Traders U.S. LLC purchased a new position in US Treasury 5 Year Note ETF during the third quarter valued at approximately $551,000.

US Treasury 5 Year Note ETF Company Profile

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.