Short Interest in US Treasury 2 Year Note ETF (NASDAQ:UTWO) Decreases By 54.1%

US Treasury 2 Year Note ETF (NASDAQ:UTWO) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totalling 13,900 shares, a drop of 54.1% from the June 30th total of 30,300 shares. Based on an average trading volume of 78,100 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

An institutional investor recently bought a new position in US Treasury 2 Year Note ETF stock. Lindbrook Capital LLC acquired a new stake in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,000 shares of the company’s stock, valued at approximately $97,000.

US Treasury 2 Year Note ETF Stock Performance

Shares of NASDAQ:UTWO traded up $0.07 on Friday, hitting $48.19. The company’s stock had a trading volume of 13,111 shares, compared to its average volume of 75,304. The company has a 50-day simple moving average of $47.90 and a 200 day simple moving average of $47.98. US Treasury 2 Year Note ETF has a 1 year low of $47.56 and a 1 year high of $48.54.

US Treasury 2 Year Note ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 2nd. Investors of record on Monday, July 1st were issued a dividend of $0.1888 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $2.27 dividend on an annualized basis and a dividend yield of 4.70%.

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.