Short Interest in US Treasury 7 Year Note ETF (NASDAQ:USVN) Increases By 200.0%

US Treasury 7 Year Note ETF (NASDAQ:USVN) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 300 shares, an increase of 200.0% from the December 31st total of 100 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.4 days.

US Treasury 7 Year Note ETF Stock Down 0.1 %

Shares of NASDAQ USVN traded down $0.05 during mid-day trading on Wednesday, reaching $47.17. 187 shares of the company’s stock traded hands, compared to its average volume of 433. The business has a 50-day simple moving average of $47.22 and a 200 day simple moving average of $48.14. US Treasury 7 Year Note ETF has a 1-year low of $46.36 and a 1-year high of $49.87.

US Treasury 7 Year Note ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were paid a dividend of $0.1556 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.