US Treasury 7 Year Note ETF (NASDAQ:USVN) Short Interest Update

US Treasury 7 Year Note ETF (NASDAQ:USVN) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 568 shares, a growth of 637.7% from the June 15th total of 77 shares. Based on an average daily volume of 597 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s stock are short sold.

US Treasury 7 Year Note ETF Stock Down 0.3%

US Treasury 7 Year Note ETF stock traded down $0.14 during midday trading on Monday, hitting $47.24. 254 shares of the stock were exchanged, compared to its average volume of 2,022. US Treasury 7 Year Note ETF has a 52-week low of $47.10 and a 52-week high of $49.29. The business’s 50-day moving average price is $47.61 and its 200-day moving average price is $48.19.

US Treasury 7 Year Note ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a $0.1639 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a c) annualized dividend and a yield of 4.2%.

About US Treasury 7 Year Note ETF

The US Treasury 7 Year Note ETF (USVN) is an exchange-traded fund that is based on the ICE BofA Current 7-Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 7-year US Treasury note. The fund is designed for those specifically required to track the 7-year tenor on the yield curve. USVN was launched on Mar 28, 2023 and is managed by F/m Investments.