US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 53,956 shares, a decrease of 41.2% from the September 15th total of 91,720 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 262,442 shares, the short-interest ratio is presently 0.2 days.
US Treasury 2 Year Note ETF Stock Performance
UTWO traded up $0.01 during trading on Friday, reaching $47.55. The stock had a trading volume of 66,743 shares, compared to its average volume of 97,694. The stock has a 50 day moving average of $47.68 and a two-hundred day moving average of $47.95. US Treasury 2 Year Note ETF has a 1-year low of $47.27 and a 1-year high of $48.70.
US Treasury 2 Year Note ETF Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 27th were issued a $0.1641 dividend. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.1588. The ex-dividend date was Thursday, August 27th.
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. CoreCap Advisors LLC increased its stake in US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 27.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,908 shares of the company’s stock after acquiring an additional 3,629 shares during the quarter. CoreCap Advisors LLC owned approximately 0.17% of US Treasury 2 Year Note ETF worth $811,000 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. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.
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