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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 45,300 shares, a decline of 27.1% from the January 31st total of 62,100 shares. Based on an average trading volume of 79,900 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of US Treasury 2 Year Note ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. 49 Wealth Management LLC raised its stake in shares of US Treasury 2 Year Note ETF by 19.9% during the third quarter. 49 Wealth Management LLC now owns 76,372 shares of the company’s stock worth $3,724,000 after acquiring an additional 12,658 shares in the last quarter. Wealthquest Corp lifted its stake 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 acquiring an additional 25,010 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in US Treasury 2 Year Note ETF in the 4th quarter worth approximately $6,564,000. Crews Bank & Trust bought a new stake in US Treasury 2 Year Note ETF in the fourth quarter valued at approximately $177,000. Finally, Private Trust Co. NA lifted its position in US Treasury 2 Year Note ETF by 825.0% in the fourth quarter. Private Trust Co. NA now owns 3,700 shares of the company’s stock valued at $178,000 after purchasing an additional 3,300 shares during the last quarter.

US Treasury 2 Year Note ETF Stock Down 0.1 %

NASDAQ:UTWO traded down $0.04 during midday trading on Wednesday, hitting $48.28. The company had a trading volume of 26,246 shares, compared to its average volume of 84,637. US Treasury 2 Year Note ETF has a 52-week low of $47.56 and a 52-week high of $48.86. The stock’s fifty day moving average price is $48.12 and its 200-day moving average price is $48.28.

US Treasury 2 Year Note ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were issued a dividend of $0.1604 per share. The ex-dividend date of this dividend was Monday, March 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.