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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 71,200 shares, an increase of 287.0% from the March 31st total of 18,400 shares. Based on an average daily trading volume, of 84,800 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.9% of the shares of the stock are sold short.

US Treasury 2 Year Note ETF Stock Performance

Shares of NASDAQ:UTWO opened at $48.52 on Friday. US Treasury 2 Year Note ETF has a 52 week low of $47.56 and a 52 week high of $48.86. The company’s fifty day moving average is $48.36 and its 200-day moving average is $48.22.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 2nd. Investors of record on Tuesday, April 1st were given a dividend of $0.1606 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.16.

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Crews Bank & Trust bought a new stake in shares of US Treasury 2 Year Note ETF during the fourth quarter worth $177,000. Private Trust Co. NA grew its holdings in US Treasury 2 Year Note ETF by 825.0% during the 4th quarter. Private Trust Co. NA now owns 3,700 shares of the company’s stock worth $178,000 after acquiring an additional 3,300 shares during the last quarter. 49 Wealth Management LLC increased its position in US Treasury 2 Year Note ETF by 76.0% in the 4th quarter. 49 Wealth Management LLC now owns 134,416 shares of the company’s stock valued at $6,460,000 after acquiring an additional 58,044 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of US Treasury 2 Year Note ETF in the fourth quarter worth about $6,564,000. Finally, Wealthquest Corp lifted its position in shares of 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 in the last quarter.

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.