Short Interest in US Treasury 2 Year Note ETF (NASDAQ:UTWO) Declines By 77.9%

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 14,100 shares, a decrease of 77.9% from the September 15th total of 63,700 shares. Based on an average daily trading volume, of 59,300 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 59,300 shares, the short-interest ratio is currently 0.2 days.

US Treasury 2 Year Note ETF Stock Performance

Shares of NASDAQ:UTWO opened at $48.67 on Friday. The company’s 50 day moving average price is $48.53 and its two-hundred day moving average price is $48.42. US Treasury 2 Year Note ETF has a 12-month low of $47.96 and a 12-month high of $48.71.

US Treasury 2 Year Note ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.135 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.3%.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

Several large investors have recently modified their holdings of the business. Alpine Bank Wealth Management bought a new position in US Treasury 2 Year Note ETF during the second quarter worth $155,000. 49 Wealth Management LLC raised its stake in US Treasury 2 Year Note ETF by 4.3% during the first quarter. 49 Wealth Management LLC now owns 140,175 shares of the company’s stock worth $6,794,000 after buying an additional 5,759 shares during the last quarter. Crews Bank & Trust raised its stake in US Treasury 2 Year Note ETF by 51.7% during the first quarter. Crews Bank & Trust now owns 5,575 shares of the company’s stock worth $270,000 after buying an additional 1,900 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its stake in US Treasury 2 Year Note ETF by 31.5% during the first quarter. Flow Traders U.S. LLC now owns 149,882 shares of the company’s stock worth $7,265,000 after buying an additional 35,874 shares during the last quarter.

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.