US Treasury 2 Year Note ETF (NASDAQ:UTWO) Short Interest Update

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 33,100 shares, an increase of 231.0% from the November 30th total of 10,000 shares. Based on an average daily trading volume, of 87,100 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors 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 raised its stake in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 76,372 shares of the company’s stock after buying an additional 12,658 shares during the period. US Treasury 2 Year Note ETF makes up 0.6% of 49 Wealth Management LLC’s portfolio, making the stock its 28th biggest position. 49 Wealth Management LLC owned about 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 as of its most recent filing with the Securities and Exchange Commission.

US Treasury 2 Year Note ETF Price Performance

Shares of UTWO stock opened at $48.10 on Friday. US Treasury 2 Year Note ETF has a 12-month low of $47.56 and a 12-month high of $48.86. The business has a 50 day simple moving average of $48.17 and a 200 day simple moving average of $48.27.

US Treasury 2 Year Note ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 4th. Stockholders of record on Friday, November 1st were paid a $0.1348 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.62 annualized dividend and a dividend yield of 3.36%.

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.