US Treasury 2 Year Note ETF (NASDAQ:UTWO) Stock Short Interest Declines 41.2%

US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 53,956 shares, a decline of 41.2% from the September 15th total of 91,720 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 262,442 shares, the days-to-cover ratio is presently 0.2 days.

US Treasury 2 Year Note ETF Trading Down 0.0%

Shares of US Treasury 2 Year Note ETF stock opened at $47.48 on Thursday. The firm’s 50-day moving average is $47.69 and its 200 day moving average is $47.96. US Treasury 2 Year Note ETF has a 1 year low of $47.27 and a 1 year high of $48.70.

US Treasury 2 Year Note ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 28th. Shareholders of record on Thursday, August 27th were paid a dividend of $0.1641 per share. The ex-dividend date was Thursday, August 27th. This is an increase from US Treasury 2 Year Note ETF’s previous dividend of $0.1588.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in US Treasury 2 Year Note ETF stock. CoreCap Advisors LLC lifted its position in US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 27.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,908 shares of the company’s stock after buying an additional 3,629 shares during the period. CoreCap Advisors LLC owned about 0.17% of US Treasury 2 Year Note ETF worth $811,000 as of its most recent SEC filing.

About US Treasury 2 Year Note ETF

(Get Free Report)

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. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.

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