WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR – Get Free Report) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 7,382,610 shares, an increase of 1,216.6% from the July 15th total of 560,736 shares. Based on an average daily trading volume, of 5,898,183 shares, the days-to-cover ratio is currently 1.3 days. Approximately 2.0% of the shares of the company are short sold.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Boyd Watterson Asset Management LLC OH purchased a new position in WisdomTree Floating Rate Treasury Fund in the 1st quarter worth approximately $29,000. Physician Wealth Advisors Inc. purchased a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at approximately $31,000. Frankly Finances LLC acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at approximately $49,000. Cornerstone Planning Group LLC increased its holdings 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 purchasing an additional 961 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC purchased a new position in WisdomTree Floating Rate Treasury Fund during the first quarter worth approximately $70,000.
WisdomTree Floating Rate Treasury Fund Stock Up 0.0%
Shares of USFR opened at $50.44 on Thursday. The business’s 50-day moving average is $50.41 and its two-hundred day moving average is $50.40. WisdomTree Floating Rate Treasury Fund has a fifty-two week low of $50.23 and a fifty-two week high of $50.51.
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.
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