US Treasury 2 Year Note ETF (NASDAQ:UTWO) Sees Significant Decrease in Short Interest

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 72,500 shares, a decline of 50.2% from the September 15th total of 145,600 shares. Based on an average trading volume of 105,700 shares, the short-interest ratio is presently 0.7 days.

US Treasury 2 Year Note ETF Stock Up 0.1 %

NASDAQ UTWO traded up $0.05 during trading hours on Friday, reaching $48.40. 92,685 shares of the company’s stock were exchanged, compared to its average volume of 84,326. The firm has a fifty day moving average of $48.57 and a 200-day moving average of $48.12. US Treasury 2 Year Note ETF has a one year low of $47.56 and a one year high of $48.86.

US Treasury 2 Year Note ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.15 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.72%. The ex-dividend date was Tuesday, October 1st.

US Treasury 2 Year Note ETF Company Profile

The US Treasury 2 Year Note ETF (UTWO) is an exchange-traded fund that is based on the ICE BofA Current 2 Year US Treasury index. The fund is a passively managed, single-bond fund that invests in the most recently issued, on-the-run, 2-year US Treasury note. The fund is designed for those specifically required to track the 2-year tenor on the yield curve.