US Treasury 2 Year Note ETF (NASDAQ:UTWO) Short Interest Down 80.9% in November

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 6,700 shares, a drop of 80.9% from the October 31st total of 35,100 shares. Based on an average daily trading volume, of 105,900 shares, the short-interest ratio is presently 0.1 days.

US Treasury 2 Year Note ETF Trading Up 0.1 %

US Treasury 2 Year Note ETF stock traded up $0.06 during mid-day trading on Friday, hitting $48.28. The company’s stock had a trading volume of 15,708 shares, compared to its average volume of 85,409. US Treasury 2 Year Note ETF has a twelve month low of $47.56 and a twelve month high of $48.86. The stock’s fifty day moving average price is $48.34 and its two-hundred day moving average price is $48.22.

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 was Friday, November 1st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.35%.

Institutional Trading of US Treasury 2 Year Note ETF

An institutional investor recently raised its position in US Treasury 2 Year Note ETF stock. 49 Wealth Management LLC increased its position in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,372 shares of the company’s stock after acquiring an additional 12,658 shares during the quarter. US Treasury 2 Year Note ETF accounts for about 0.6% of 49 Wealth Management LLC’s holdings, making the stock its 28th largest position. 49 Wealth Management LLC owned approximately 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 at the end of the most recent reporting period.

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.