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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 18,400 shares, a drop of 52.1% from the March 15th total of 38,400 shares. Based on an average trading volume of 83,900 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of US Treasury 2 Year Note ETF

Hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC bought a new position in US Treasury 2 Year Note ETF during the 4th quarter valued at $6,564,000. 49 Wealth Management LLC lifted its position in shares of US Treasury 2 Year Note ETF by 76.0% during the fourth quarter. 49 Wealth Management LLC now owns 134,416 shares of the company’s stock worth $6,460,000 after purchasing an additional 58,044 shares during the last quarter. Wealthquest Corp grew its stake in US Treasury 2 Year Note ETF by 3.2% in the fourth quarter. Wealthquest Corp now owns 800,075 shares of the company’s stock worth $38,454,000 after purchasing an additional 25,010 shares in the last quarter. Crews Bank & Trust acquired a new stake in US Treasury 2 Year Note ETF during the fourth quarter valued at approximately $177,000. Finally, Private Trust Co. NA lifted its holdings in 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 worth $178,000 after buying an additional 3,300 shares during the last quarter.

US Treasury 2 Year Note ETF Stock Performance

Shares of NASDAQ:UTWO remained flat at $48.49 during trading on Friday. The company had a trading volume of 123,558 shares, compared to its average volume of 89,227. 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 firm’s fifty day simple moving average is $48.31 and its 200-day simple moving average is $48.22.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Tuesday, April 1st were given a $0.1606 dividend. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Tuesday, April 1st.

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.