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 during the month of November. As of November 30th, there was short interest totalling 10,000 shares, an increase of 49.3% from the November 15th total of 6,700 shares. Based on an average daily volume of 97,300 shares, the short-interest ratio is presently 0.1 days.

US Treasury 2 Year Note ETF Stock Performance

Shares of US Treasury 2 Year Note ETF stock opened at $48.13 on Friday. US Treasury 2 Year Note ETF has a fifty-two week low of $47.56 and a fifty-two week high of $48.86. The company’s 50 day moving average price is $48.22 and its two-hundred day moving average price is $48.25.

US Treasury 2 Year Note ETF Dividend Announcement

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

Institutional Trading of US Treasury 2 Year Note ETF

A hedge fund recently raised its stake in US Treasury 2 Year Note ETF stock. 49 Wealth Management LLC boosted its holdings in US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,372 shares of the company’s stock after buying 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 investment portfolio, making the stock its 28th largest position. 49 Wealth Management LLC owned 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 at the end of the most recent quarter.

About US Treasury 2 Year Note ETF

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.