Short Interest in US Treasury 2 Year Note ETF (NASDAQ:UTWO) Decreases By 80.9%

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 6,700 shares, a drop of 80.9% from the October 31st total of 35,100 shares. Based on an average trading volume of 105,900 shares, the short-interest ratio is currently 0.1 days.

US Treasury 2 Year Note ETF Stock Up 0.1 %

NASDAQ UTWO traded up $0.04 during trading on Wednesday, hitting $48.21. The stock had a trading volume of 6,133 shares, compared to its average volume of 85,624. US Treasury 2 Year Note ETF has a one year low of $47.56 and a one year high of $48.86. The stock has a 50 day simple moving average of $48.36 and a 200 day simple moving average of $48.22.

US Treasury 2 Year Note ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were issued a dividend of $0.1348 per share. This represents a $1.62 annualized dividend and a yield of 3.35%. The ex-dividend date was Friday, November 1st.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

An institutional investor recently raised its position in US Treasury 2 Year Note ETF stock. 49 Wealth Management LLC increased its stake in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,372 shares of the company’s stock after buying an additional 12,658 shares during the quarter. US Treasury 2 Year Note ETF comprises approximately 0.6% of 49 Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. 49 Wealth Management LLC owned 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 at the end of the most recent reporting period.

About US Treasury 2 Year Note ETF

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.