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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 62,100 shares, a growth of 885.7% from the January 15th total of 6,300 shares. Based on an average daily volume of 74,900 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

Several institutional investors and hedge funds have recently modified their holdings of UTWO. Crews Bank & Trust acquired a new stake in US Treasury 2 Year Note ETF during the fourth quarter worth about $177,000. Private Trust Co. NA raised its holdings in US Treasury 2 Year Note ETF by 825.0% during the 4th quarter. Private Trust Co. NA now owns 3,700 shares of the company’s stock worth $178,000 after purchasing an additional 3,300 shares during the last quarter. 49 Wealth Management LLC lifted 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 during the period. Janney Montgomery Scott LLC bought a new position in shares of US Treasury 2 Year Note ETF in the 4th quarter valued at about $6,564,000. Finally, Wealthquest Corp increased its position in shares of US Treasury 2 Year Note ETF by 3.2% in the 4th quarter. Wealthquest Corp now owns 800,075 shares of the company’s stock valued at $38,454,000 after buying an additional 25,010 shares in the last quarter.

US Treasury 2 Year Note ETF Stock Performance

Shares of US Treasury 2 Year Note ETF stock traded down $0.06 during trading on Wednesday, hitting $48.00. The stock had a trading volume of 43,564 shares, compared to its average volume of 97,227. US Treasury 2 Year Note ETF has a 1 year low of $47.56 and a 1 year high of $48.86. The stock has a 50 day simple moving average of $48.11 and a 200 day simple moving average of $48.30.

US Treasury 2 Year Note ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 4th. Shareholders of record on Monday, February 3rd were given a $0.1649 dividend. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.16. The ex-dividend date was Monday, February 3rd.

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.