WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR – Get Free Report) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 3,001,612 shares, an increase of 127.6% from the May 14th total of 1,318,987 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 4,492,608 shares, the days-to-cover ratio is currently 0.7 days.
Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund
Hedge funds have recently bought and sold shares of the business. Redmont Wealth Advisors LLC purchased a new stake in WisdomTree Floating Rate Treasury Fund during the third quarter valued at $27,000. Boyd Watterson Asset Management LLC OH purchased a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at $29,000. Physician Wealth Advisors Inc. purchased a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at $31,000. Frankly Finances LLC purchased a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at $49,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of WisdomTree Floating Rate Treasury Fund by 1,353.5% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock valued at $52,000 after acquiring an additional 961 shares during the period.
WisdomTree Floating Rate Treasury Fund Price Performance
WisdomTree Floating Rate Treasury Fund stock opened at $50.42 on Monday. The firm’s fifty day moving average is $50.39 and its 200 day moving average is $50.38. WisdomTree Floating Rate Treasury Fund has a 52-week low of $50.23 and a 52-week high of $50.49.
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.
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