US Treasury 2 Year Note ETF (NASDAQ:UTWO) Sees Significant Increase in Short Interest

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant 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 Trading Down 0.0 %

Shares of NASDAQ:UTWO traded down $0.01 during trading on Friday, reaching $48.15. The stock had a trading volume of 3,231 shares, compared to its average volume of 83,828. The stock has a fifty day simple moving average of $48.22 and a two-hundred day simple moving average of $48.24. US Treasury 2 Year Note ETF has a 52 week low of $47.56 and a 52 week high of $48.86.

US Treasury 2 Year Note ETF Dividend Announcement

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

Hedge Funds 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 boosted its stake in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% in the 3rd 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 purchasing an additional 12,658 shares during the quarter. US Treasury 2 Year Note ETF accounts for approximately 0.6% of 49 Wealth Management LLC’s holdings, making the stock its 28th biggest position. 49 Wealth Management LLC owned 0.79% of US Treasury 2 Year Note ETF worth $3,724,000 as of its most recent SEC filing.

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.