US Treasury 2 Year Note ETF (NASDAQ:UTWO) Short Interest Update

US Treasury 2 Year Note ETF (NASDAQ:UTWO) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 26,400 shares, an increase of 247.4% from the July 31st total of 7,600 shares. Based on an average trading volume of 86,700 shares, the days-to-cover ratio is currently 0.3 days.

US Treasury 2 Year Note ETF Price Performance

UTWO remained flat at $48.58 on Wednesday. The company’s stock had a trading volume of 27,064 shares, compared to its average volume of 77,733. The firm’s fifty day moving average price is $48.17 and its 200-day moving average price is $47.99. US Treasury 2 Year Note ETF has a fifty-two week low of $47.56 and a fifty-two week high of $48.64.

US Treasury 2 Year Note ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, August 2nd. Investors of record on Thursday, August 1st were given a dividend of $0.1811 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $2.17 annualized dividend and a yield of 4.47%.

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.