US Treasury 2 Year Note ETF (NASDAQ:UTWO) Shares Shorted: Short Interest Down 41.2% in September

by · The Markets Daily

US Treasury 2 Year Note ETF (NASDAQ:UTWO – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 53,956 shares, a drop of 41.2% from the September 15th total of 91,720 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 262,442 shares, the days-to-cover ratio is presently 0.2 days.

US Treasury 2 Year Note ETF Stock Performance

US Treasury 2 Year Note ETF stock traded up $0.05 during midday trading on Friday, reaching $47.58. The company’s stock had a trading volume of 136,407 shares, compared to its average volume of 98,188. US Treasury 2 Year Note ETF has a 52 week low of $47.27 and a 52 week high of $48.70. The business has a 50-day moving average price of $47.68 and a 200-day moving average price of $47.95.

US Treasury 2 Year Note ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 28th. Investors of record on Thursday, August 27th were paid a $0.1641 dividend. This is a positive change from US Treasury 2 Year Note ETF’s previous dividend of $0.1588. The ex-dividend date of this dividend was Thursday, August 27th.

Institutional Investors Weigh In On US Treasury 2 Year Note ETF

An institutional investor recently raised its position in US Treasury 2 Year Note ETF stock. Marshall & Sterling Wealth Advisors Inc. grew its holdings in shares of US Treasury 2 Year Note ETF (NASDAQ:UTWO – Free Report) by 33.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,113 shares of the company’s stock after acquiring an additional 14,818 shares during the period. US Treasury 2 Year Note ETF accounts for approximately 1.9% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 17th biggest holding. Marshall & Sterling Wealth Advisors Inc. owned approximately 0.64% of US Treasury 2 Year Note ETF worth $2,854,000 at the end of the most recent quarter.

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. UTWO was launched on Aug 9, 2022 and is managed by F/m Investments.

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