US Treasury 2 Year Note ETF (NASDAQ:UTWO) Sees Large Growth in Short Interest

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. grew its holdings in US Treasury 2 Year Note ETF by 33.5% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 59,113 shares of the company’s stock worth $2,854,000 after acquiring an additional 14,818 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of US Treasury 2 Year Note ETF by 27.3% in the second 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. Finally, 49 Wealth Management LLC increased its holdings in US Treasury 2 Year Note ETF by 4.2% during the 4th quarter. 49 Wealth Management LLC now owns 158,851 shares of the company’s stock valued at $7,715,000 after purchasing an additional 6,357 shares during the period.

US Treasury 2 Year Note ETF Stock Up 0.1%

US Treasury 2 Year Note ETF stock opened at $48.03 on Friday. US Treasury 2 Year Note ETF has a 1-year low of $47.77 and a 1-year high of $48.70. The firm’s 50 day simple moving average is $47.98 and its 200 day simple moving average is $48.22.

US Treasury 2 Year Note ETF Increases Dividend

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

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.