WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Short Interest Update

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in USFR. Boyd Watterson Asset Management LLC OH bought a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 1st quarter worth about $29,000. Physician Wealth Advisors Inc. bought a new position in shares of WisdomTree Floating Rate Treasury Fund during the first quarter worth about $31,000. Frankly Finances LLC bought a new position in shares of WisdomTree Floating Rate Treasury Fund during the first quarter worth about $49,000. Cornerstone Planning Group LLC grew its stake in 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 worth $52,000 after purchasing an additional 961 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC acquired a new position in WisdomTree Floating Rate Treasury Fund in the first quarter worth about $70,000.

WisdomTree Floating Rate Treasury Fund Stock Performance

Shares of USFR traded up $0.01 during trading on Friday, reaching $50.41. The company’s stock had a trading volume of 4,316,263 shares, compared to its average volume of 4,940,806. WisdomTree Floating Rate Treasury Fund has a twelve month low of $50.23 and a twelve month high of $50.49. The company has a fifty day moving average of $50.40 and a two-hundred day moving average of $50.39.

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.