WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Shares Shorted: Short Interest Up 888.6% in September

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 4,085,626 shares, an increase of 888.6% from the September 15th total of 413,262 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 7,395,250 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. CogentBlue Wealth Advisors LLC lifted its stake in WisdomTree Floating Rate Treasury Fund by 37.6% during the third quarter. CogentBlue Wealth Advisors LLC now owns 9,171 shares of the company’s stock worth $462,000 after purchasing an additional 2,507 shares during the last quarter. GK Wealth Management LLC purchased a new position in WisdomTree Floating Rate Treasury Fund in the third quarter valued at approximately $47,000. Castle Rock Wealth Management LLC raised its holdings in WisdomTree Floating Rate Treasury Fund by 7.1% during the third quarter. Castle Rock Wealth Management LLC now owns 242,868 shares of the company’s stock worth $12,243,000 after purchasing an additional 16,028 shares in the last quarter. Avaii Wealth Management LLC raised its holdings in WisdomTree Floating Rate Treasury Fund by 1.9% during the third quarter. Avaii Wealth Management LLC now owns 28,448 shares of the company’s stock worth $1,434,000 after purchasing an additional 520 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC lifted its position in shares of WisdomTree Floating Rate Treasury Fund by 13.6% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 47,996 shares of the company’s stock worth $2,419,000 after buying an additional 5,744 shares during the last quarter.

WisdomTree Floating Rate Treasury Fund Stock Performance

NYSEARCA:USFR traded up $0.01 during trading hours on Friday, hitting $50.44. The company’s stock had a trading volume of 5,506,499 shares, compared to its average volume of 5,288,582. WisdomTree Floating Rate Treasury Fund has a 52-week low of $50.23 and a 52-week high of $50.51. The stock has a fifty day moving average of $50.43 and a 200-day moving average of $50.41.

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.