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

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

US Treasury 2 Year Note ETF Stock Up 0.1 %

Shares of UTWO stock traded up $0.03 during trading hours on Friday, reaching $48.13. 42,157 shares of the company traded hands, compared to its average volume of 82,790. US Treasury 2 Year Note ETF has a 12-month low of $47.56 and a 12-month high of $48.86. The firm has a 50-day moving average price of $48.16 and a 200 day moving average price of $48.27.

US Treasury 2 Year Note ETF Dividend Announcement

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

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

A hedge fund recently raised its stake in US Treasury 2 Year Note ETF stock. 49 Wealth Management LLC lifted its holdings in US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 76,372 shares of the company’s stock after purchasing an additional 12,658 shares during the period. US Treasury 2 Year Note ETF comprises 0.6% of 49 Wealth Management LLC’s holdings, making the stock its 28th biggest position. 49 Wealth Management LLC owned 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 as of its most recent SEC filing.

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.