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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 50,700 shares, an increase of 259.6% from the September 30th total of 14,100 shares. Based on an average daily trading volume, of 61,300 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 61,300 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of US Treasury 2 Year Note ETF

Several hedge funds have recently bought and sold shares of the stock. Crews Bank & Trust lifted its stake in US Treasury 2 Year Note ETF by 18.6% in the 3rd quarter. Crews Bank & Trust now owns 6,610 shares of the company’s stock worth $321,000 after purchasing an additional 1,035 shares in the last quarter. CoreCap Advisors LLC lifted its stake in US Treasury 2 Year Note ETF by 2,331.9% in the 3rd quarter. CoreCap Advisors LLC now owns 8,852 shares of the company’s stock worth $430,000 after purchasing an additional 8,488 shares in the last quarter. 49 Wealth Management LLC lifted its stake in US Treasury 2 Year Note ETF by 0.8% in the 2nd quarter. 49 Wealth Management LLC now owns 141,258 shares of the company’s stock worth $6,857,000 after purchasing an additional 1,083 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in US Treasury 2 Year Note ETF in the 2nd quarter worth $155,000. Finally, Flow Traders U.S. LLC lifted its stake in US Treasury 2 Year Note ETF by 31.5% in the 1st quarter. Flow Traders U.S. LLC now owns 149,882 shares of the company’s stock worth $7,265,000 after purchasing an additional 35,874 shares in the last quarter.

US Treasury 2 Year Note ETF Stock Performance

UTWO opened at $48.67 on Wednesday. US Treasury 2 Year Note ETF has a fifty-two week low of $47.96 and a fifty-two week high of $48.71. The firm’s fifty day moving average is $48.56 and its 200 day moving average is $48.43.

US Treasury 2 Year Note ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Wednesday, October 1st were paid a $0.135 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.3%.

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.