US Treasury 2 Year Note ETF (NASDAQ:UTWO) Short Interest Down 80.1% in January

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 6,300 shares, a decrease of 80.1% from the December 31st total of 31,700 shares. Based on an average daily trading volume, of 84,100 shares, the short-interest ratio is currently 0.1 days.

US Treasury 2 Year Note ETF Price Performance

Shares of UTWO stock traded up $0.03 during trading hours on Friday, hitting $48.25. 2,880 shares of the company’s stock traded hands, compared to its average volume of 117,920. US Treasury 2 Year Note ETF has a 12-month low of $47.56 and a 12-month high of $48.86. The stock’s fifty day simple moving average is $48.12 and its two-hundred day simple moving average is $48.30.

US Treasury 2 Year Note ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were paid a dividend of $0.1637 per share. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Crews Bank & Trust bought a new stake in US Treasury 2 Year Note ETF during the 4th quarter valued at approximately $177,000. 49 Wealth Management LLC raised its position in US Treasury 2 Year Note ETF by 19.9% during the 3rd quarter. 49 Wealth Management LLC now owns 76,372 shares of the company’s stock valued at $3,724,000 after purchasing an additional 12,658 shares in the last quarter. Wealthquest Corp boosted its stake in shares of 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 valued at $38,454,000 after purchasing an additional 25,010 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in shares of US Treasury 2 Year Note ETF in the fourth quarter valued at approximately $6,564,000.

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.