US Treasury 2 Year Note ETF (NASDAQ:UTWO) Short Interest Up 264.5% in April

Posted by Patrick Bannon on Apr 27th, 2024

US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 11,300 shares, an increase of 264.5% from the March 31st total of 3,100 shares. Based on an average daily volume of 61,200 shares, the short-interest ratio is currently 0.2 days.

US Treasury 2 Year Note ETF Stock Performance

Shares of NASDAQ:UTWO opened at $47.75 on Friday. US Treasury 2 Year Note ETF has a 1-year low of $47.65 and a 1-year high of $49.29. The company has a 50 day moving average price of $47.95 and a 200 day moving average price of $48.07.

US Treasury 2 Year Note ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.1793 per share. This represents a $2.15 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend was Monday, April 1st.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

A hedge fund recently raised its stake in US Treasury 2 Year Note ETF stock. F M Investments LLC increased its stake in US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 9.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,244 shares of the company’s stock after purchasing an additional 1,029 shares during the quarter. F M Investments LLC owned approximately 0.18% of US Treasury 2 Year Note ETF worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

US Treasury 2 Year Note ETF Company Profile

(Get Free Report)

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.