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

Posted by Ethan Ryder on Apr 27th, 2024

US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report) saw a large increase in short interest in 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 days-to-cover ratio is presently 0.2 days.

US Treasury 2 Year Note ETF Price Performance

US Treasury 2 Year Note ETF stock opened at $47.75 on Friday. The firm has a fifty day simple moving average of $47.95 and a two-hundred day simple moving average of $48.07. US Treasury 2 Year Note ETF has a twelve month low of $47.65 and a twelve month high of $49.29.

US Treasury 2 Year Note ETF Dividend Announcement

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

Institutional Investors 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 grew its position in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 9.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,244 shares of the company’s stock after acquiring an additional 1,029 shares during the period. F M Investments LLC owned about 0.18% of US Treasury 2 Year Note ETF worth $587,000 as of its most recent SEC filing.

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.