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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 21,400 shares, a decline of 52.8% from the February 13th total of 45,300 shares. Based on an average daily volume of 83,300 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

US Treasury 2 Year Note ETF Price Performance

NASDAQ UTWO opened at $48.29 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 business’s 50-day moving average price is $48.16 and its 200 day moving average price is $48.27.

US Treasury 2 Year Note ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were issued a $0.1604 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

Several hedge funds have recently modified their holdings of UTWO. Janney Montgomery Scott LLC acquired a new position in US Treasury 2 Year Note ETF in the 4th quarter valued at $6,564,000. 49 Wealth Management LLC increased its stake in shares of US Treasury 2 Year Note ETF by 76.0% during the fourth quarter. 49 Wealth Management LLC now owns 134,416 shares of the company’s stock worth $6,460,000 after acquiring an additional 58,044 shares during the period. Wealthquest Corp raised its holdings 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 in the last quarter. Crews Bank & Trust acquired a new stake in US Treasury 2 Year Note ETF in the fourth quarter valued at about $177,000. Finally, Private Trust Co. NA boosted its holdings in 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 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.