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 August. As of August 31st, there was short interest totaling 1,667 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily volume of 662 shares, the days-to-cover ratio is currently 2.5 days.

US Treasury 7 Year Note ETF Stock Down 0.0%

Shares of US Treasury 7 Year Note ETF stock traded down $0.01 on Tuesday, reaching $46.09. The company’s stock had a trading volume of 229 shares, compared to its average volume of 1,661. The stock has a 50-day moving average price of $47.03 and a 200-day moving average price of $47.65. US Treasury 7 Year Note ETF has a 52-week low of $46.10 and a 52-week high of $49.29.

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.