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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 33,100 shares, a growth of 231.0% from the November 30th total of 10,000 shares. Based on an average trading volume of 87,100 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in US Treasury 2 Year Note ETF stock. 49 Wealth Management LLC lifted its position in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,372 shares of the company’s stock after acquiring an additional 12,658 shares during the period. US Treasury 2 Year Note ETF comprises 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 Stock Performance

NASDAQ UTWO opened at $48.10 on Friday. The company’s fifty day moving average price is $48.17 and its two-hundred day moving average price is $48.27. US Treasury 2 Year Note ETF has a 12 month low of $47.56 and a 12 month high of $48.86.

US Treasury 2 Year Note ETF Dividend Announcement

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

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.