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 the month of December. As of December 15th, there was short interest totalling 33,100 shares, an increase of 231.0% from the November 30th total of 10,000 shares. Based on an average daily volume of 87,100 shares, the days-to-cover ratio is presently 0.4 days.

US Treasury 2 Year Note ETF Stock Performance

UTWO traded up $0.03 during midday trading on Friday, reaching $48.13. 42,157 shares of the company were exchanged, compared to its average volume of 82,790. US Treasury 2 Year Note ETF has a one year low of $47.56 and a one year high of $48.86. The company’s fifty day moving average price is $48.16 and its 200 day moving average price is $48.27.

US Treasury 2 Year Note ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were given a $0.1348 dividend. This represents a $1.62 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date was Friday, November 1st.

Institutional Investors Weigh In On 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 holdings in US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,372 shares of the company’s stock after purchasing an additional 12,658 shares during the quarter. US Treasury 2 Year Note ETF makes up approximately 0.6% of 49 Wealth Management LLC’s holdings, making the stock its 28th largest holding. 49 Wealth Management LLC owned about 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 at the end of the most recent 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.