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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 10,000 shares, a growth of 49.3% from the November 15th total of 6,700 shares. Based on an average trading volume of 97,300 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors 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 grew its stake in US Treasury 2 Year Note ETF (NASDAQ:UTWO) by 19.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 76,372 shares of the company’s stock after purchasing an additional 12,658 shares during the period. US Treasury 2 Year Note ETF makes up approximately 0.6% of 49 Wealth Management LLC’s holdings, making the stock its 28th largest holding. 49 Wealth Management LLC owned approximately 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 Trading Down 0.0 %

US Treasury 2 Year Note ETF stock traded down $0.01 during trading hours on Friday, hitting $48.15. The stock had a trading volume of 3,231 shares, compared to its average volume of 83,828. 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 company has a 50-day moving average of $48.22 and a two-hundred day moving average of $48.24.

US Treasury 2 Year Note ETF Dividend Announcement

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

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.