US Treasury 2 Year Note ETF (NASDAQ:UTWO) Sees Large Growth in Short Interest

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 62,100 shares, an increase of 885.7% from the January 15th total of 6,300 shares. Based on an average daily trading 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

Hedge funds have recently modified their holdings of the business. Crews Bank & Trust bought a new stake in shares of US Treasury 2 Year Note ETF during the 4th quarter valued at $177,000. Private Trust Co. NA grew its position in shares of 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 valued at $178,000 after acquiring an additional 3,300 shares during the period. 49 Wealth Management LLC grew its position in shares of 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 acquiring an additional 12,658 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of US Treasury 2 Year Note ETF during the 4th quarter valued at $6,564,000. Finally, Wealthquest Corp boosted its holdings in 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 worth $38,454,000 after buying an additional 25,010 shares during the period.

US Treasury 2 Year Note ETF Trading Up 0.1 %

Shares of UTWO stock traded up $0.06 during mid-day trading on Thursday, reaching $48.05. 15,686 shares of the company’s stock traded hands, compared to its average volume of 94,461. US Treasury 2 Year Note ETF has a 12 month low of $47.56 and a 12 month high of $48.86. The firm has a 50 day moving average price of $48.10 and a two-hundred day moving average price of $48.30.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 4th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1649 per share. This is an increase from US Treasury 2 Year Note ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, February 3rd.

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.