Short Interest in WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Rises By 375.3%

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 1,487,193 shares, an increase of 375.3% from the June 15th total of 312,897 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 5,083,394 shares, the days-to-cover ratio is currently 0.3 days.

WisdomTree Floating Rate Treasury Fund Price Performance

Shares of WisdomTree Floating Rate Treasury Fund stock opened at $50.43 on Tuesday. The business’s 50 day simple moving average is $50.40 and its 200 day simple moving average is $50.39. WisdomTree Floating Rate Treasury Fund has a 52-week low of $50.23 and a 52-week high of $50.49.

Institutional Trading of WisdomTree Floating Rate Treasury Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in USFR. Boyd Watterson Asset Management LLC OH acquired a new position in WisdomTree Floating Rate Treasury Fund during the first quarter worth $29,000. Physician Wealth Advisors Inc. bought a new position in WisdomTree Floating Rate Treasury Fund in the first quarter valued at $31,000. Frankly Finances LLC acquired a new stake in WisdomTree Floating Rate Treasury Fund in the 1st quarter valued at $49,000. Cornerstone Planning Group LLC increased its stake in WisdomTree Floating Rate Treasury Fund by 1,353.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock valued at $52,000 after buying an additional 961 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in WisdomTree Floating Rate Treasury Fund in the 1st quarter valued at $70,000.

WisdomTree Floating Rate Treasury Fund Company Profile

The WisdomTree Floating Rate Treasury Fund (USFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury floating-rate securities. USFR was launched on Feb 4, 2014 and is managed by WisdomTree.