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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the recipient of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 5,700 shares, a decline of 79.0% from the May 15th total of 27,100 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 84,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of US Treasury 2 Year Note ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Crews Bank & Trust increased its position in US Treasury 2 Year Note ETF by 51.7% in the 1st quarter. Crews Bank & Trust now owns 5,575 shares of the company’s stock worth $270,000 after purchasing an additional 1,900 shares during the last quarter. Private Trust Co. NA raised its position in US Treasury 2 Year Note ETF by 825.0% during the fourth 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 in the last quarter. 49 Wealth Management LLC lifted its stake in US Treasury 2 Year Note ETF by 4.3% in the first quarter. 49 Wealth Management LLC now owns 140,175 shares of the company’s stock valued at $6,794,000 after acquiring an additional 5,759 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its position in US Treasury 2 Year Note ETF by 31.5% in the first quarter. Flow Traders U.S. LLC now owns 149,882 shares of the company’s stock worth $7,265,000 after acquiring an additional 35,874 shares in the last quarter.

US Treasury 2 Year Note ETF Price Performance

US Treasury 2 Year Note ETF stock opened at $48.28 on Friday. US Treasury 2 Year Note ETF has a fifty-two week low of $47.71 and a fifty-two week high of $48.86. The firm’s 50 day simple moving average is $48.36 and its 200-day simple moving average is $48.25.

US Treasury 2 Year Note ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, June 2nd were paid a dividend of $0.1453 per share. This represents a $1.74 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend was Monday, June 2nd.

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.