US Treasury 2 Year Note ETF (NASDAQ:UTWO) Short Interest Up 885.7% in January

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 62,100 shares, an increase of 885.7% from the January 15th total of 6,300 shares. Based on an average daily volume of 74,900 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of UTWO. Janney Montgomery Scott LLC acquired a new stake in US Treasury 2 Year Note ETF during the 4th quarter valued at $6,564,000. Wealthquest Corp increased its position in US Treasury 2 Year Note ETF by 3.2% during the fourth quarter. Wealthquest Corp now owns 800,075 shares of the company’s stock worth $38,454,000 after purchasing an additional 25,010 shares during the last quarter. Crews Bank & Trust purchased a new position in US Treasury 2 Year Note ETF during the fourth quarter worth approximately $177,000. 49 Wealth Management LLC boosted its holdings in shares of US Treasury 2 Year Note ETF by 19.9% in the 3rd quarter. 49 Wealth Management LLC now owns 76,372 shares of the company’s stock valued at $3,724,000 after purchasing an additional 12,658 shares during the last quarter. Finally, Private Trust Co. NA boosted its holdings in shares of US Treasury 2 Year Note ETF by 825.0% in the 4th quarter. Private Trust Co. NA now owns 3,700 shares of the company’s stock valued at $178,000 after purchasing an additional 3,300 shares during the last quarter.

US Treasury 2 Year Note ETF Price Performance

NASDAQ:UTWO traded down $0.06 during mid-day trading on Wednesday, reaching $48.00. The stock had a trading volume of 43,564 shares, compared to its average volume of 97,227. The business has a 50 day simple moving average of $48.11 and a 200 day simple moving average of $48.30. US Treasury 2 Year Note ETF has a twelve month low of $47.56 and a twelve month high of $48.86.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 4th. Investors of record on Monday, February 3rd were issued a dividend of $0.1649 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.16.

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.