WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Stock Short Interest Report for October

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,151,694 shares, a drop of 71.8% from the September 30th total of 4,085,626 shares. Based on an average daily volume of 6,527,056 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are sold short.

WisdomTree Floating Rate Treasury Fund Stock Performance

Shares of USFR stock traded up $0.01 during mid-day trading on Friday, reaching $50.41. 5,421,685 shares of the company’s stock traded hands, compared to its average volume of 5,312,588. WisdomTree Floating Rate Treasury Fund has a 12 month low of $50.25 and a 12 month high of $50.54. The company’s 50-day moving average price is $50.44 and its 200-day moving average price is $50.41.

Hedge Funds Weigh In On WisdomTree Floating Rate Treasury Fund

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in WisdomTree Floating Rate Treasury Fund by 10.8% during the first quarter. Bank of America Corp DE now owns 15,934,091 shares of the company’s stock valued at $802,122,000 after buying an additional 1,551,622 shares during the period. BIP Wealth LLC lifted its stake in shares of WisdomTree Floating Rate Treasury Fund by 2.1% in the 3rd quarter. BIP Wealth LLC now owns 5,638,832 shares of the company’s stock valued at $284,141,000 after purchasing an additional 117,141 shares during the period. Morton Capital Management LLC CA increased its stake in shares of WisdomTree Floating Rate Treasury Fund by 79.4% in the 3rd quarter. Morton Capital Management LLC CA now owns 3,122,365 shares of the company’s stock valued at $157,336,000 after purchasing an additional 1,381,797 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of WisdomTree Floating Rate Treasury Fund by 16.4% during the 1st quarter. Private Advisor Group LLC now owns 2,316,049 shares of the company’s stock worth $116,590,000 after buying an additional 326,696 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in shares of WisdomTree Floating Rate Treasury Fund by 78.3% during the first quarter. Kestra Advisory Services LLC now owns 2,009,823 shares of the company’s stock valued at $101,175,000 after acquiring an additional 882,801 shares during the last quarter.

About WisdomTree Floating Rate Treasury Fund

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.