Short Interest in US Treasury 2 Year Note ETF (NASDAQ:UTWO) Expands By 287.0%

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 71,200 shares, an increase of 287.0% from the March 31st total of 18,400 shares. Based on an average daily trading volume, of 84,800 shares, the short-interest ratio is currently 0.8 days. Approximately 0.9% of the company’s shares are sold short.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Crews Bank & Trust raised its holdings in US Treasury 2 Year Note ETF by 51.7% during the 1st 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 period. Private Trust Co. NA increased its position in shares of 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 worth $178,000 after acquiring an additional 3,300 shares in the last quarter. Wealthquest Corp raised its holdings in shares of US Treasury 2 Year Note ETF by 3.2% during the fourth quarter. Wealthquest Corp now owns 800,075 shares of the company’s stock worth $38,454,000 after acquiring an additional 25,010 shares during the period. 49 Wealth Management LLC lifted its position in US Treasury 2 Year Note ETF by 76.0% in the 4th quarter. 49 Wealth Management LLC now owns 134,416 shares of the company’s stock valued at $6,460,000 after acquiring an additional 58,044 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in US Treasury 2 Year Note ETF in the 4th quarter worth $6,564,000.

US Treasury 2 Year Note ETF Stock Up 0.1 %

Shares of US Treasury 2 Year Note ETF stock opened at $48.52 on Friday. The stock’s fifty day simple moving average is $48.36 and its 200 day simple moving average is $48.22. US Treasury 2 Year Note ETF has a 12 month low of $47.56 and a 12 month high of $48.86.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.1606 per share. The ex-dividend date was Tuesday, April 1st. This is a boost from US Treasury 2 Year Note ETF’s previous dividend of $0.16.

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.