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

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 105,412 shares, an increase of 150.6% from the July 15th total of 42,060 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 77,086 shares, the short-interest ratio is presently 1.4 days.

US Treasury 2 Year Note ETF Price Performance

UTWO stock opened at $48.01 on Friday. US Treasury 2 Year Note ETF has a twelve month low of $47.77 and a twelve month high of $48.70. The business has a 50 day simple moving average of $47.98 and a 200-day simple moving average of $48.22.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 29th. Stockholders of record on Tuesday, July 28th were issued a $0.1588 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.15.

Institutional Trading of US Treasury 2 Year Note ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. CoreCap Advisors LLC grew its position in US Treasury 2 Year Note ETF by 27.3% during the 2nd quarter. CoreCap Advisors LLC now owns 16,908 shares of the company’s stock worth $811,000 after purchasing an additional 3,629 shares during the last quarter. Marshall & Sterling Wealth Advisors Inc. raised its holdings in shares of US Treasury 2 Year Note ETF by 33.5% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 59,113 shares of the company’s stock valued at $2,854,000 after buying an additional 14,818 shares during the last quarter. Finally, 49 Wealth Management LLC raised its holdings in shares of US Treasury 2 Year Note ETF by 4.2% in the fourth quarter. 49 Wealth Management LLC now owns 158,851 shares of the company’s stock valued at $7,715,000 after buying an additional 6,357 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. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.