US Treasury 2 Year Note ETF (NASDAQ:UTWO) Short Interest Down 36.8% in July

US Treasury 2 Year Note ETF (NASDAQ:UTWOGet Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 42,060 shares, a decline of 36.8% from the June 30th total of 66,578 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 100,649 shares, the days-to-cover ratio is presently 0.4 days.

US Treasury 2 Year Note ETF Stock Performance

UTWO opened at $47.86 on Thursday. US Treasury 2 Year Note ETF has a 52 week low of $47.77 and a 52 week high of $48.70. The business has a fifty day simple moving average of $48.01 and a 200-day simple moving average of $48.27.

US Treasury 2 Year Note ETF Increases Dividend

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

Hedge Funds Weigh In On US Treasury 2 Year Note ETF

Several institutional investors have recently bought and sold shares of UTWO. CoreCap Advisors LLC increased its stake in US Treasury 2 Year Note ETF by 27.3% during 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 period. Marshall & Sterling Wealth Advisors Inc. boosted its stake in shares of US Treasury 2 Year Note ETF by 33.5% in the first quarter. Marshall & Sterling Wealth Advisors Inc. now owns 59,113 shares of the company’s stock valued at $2,854,000 after purchasing an additional 14,818 shares during the period. Finally, 49 Wealth Management LLC boosted its stake in shares of US Treasury 2 Year Note ETF by 4.2% in the fourth 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.

About US Treasury 2 Year Note ETF

(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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