US Treasury 5 Year Note ETF (NASDAQ:UFIV) Short Interest Up 59.7% in August

US Treasury 5 Year Note ETF (NASDAQ:UFIV) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 14,141 shares, an increase of 59.7% from the August 15th total of 8,853 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 4,207 shares, the days-to-cover ratio is presently 3.4 days.

Institutional Trading of US Treasury 5 Year Note ETF

An institutional investor recently raised its position in US Treasury 5 Year Note ETF stock. Janney Montgomery Scott LLC lifted its holdings in US Treasury 5 Year Note ETF (NASDAQ:UFIV) by 15.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,289 shares of the company’s stock after purchasing an additional 10,536 shares during the quarter. Janney Montgomery Scott LLC owned 12.63% of US Treasury 5 Year Note ETF worth $3,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

US Treasury 5 Year Note ETF Trading Up 0.4%

Shares of NASDAQ UFIV opened at $47.13 on Friday. The firm’s 50 day moving average price is $47.80 and its 200-day moving average price is $48.34. US Treasury 5 Year Note ETF has a 52-week low of $46.96 and a 52-week high of $49.74.

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. UFIV was launched on Mar 28, 2023 and is managed by US Benchmark Series.