Short Interest in WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Grows By 1,216.6%

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 7,382,610 shares, a growth 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 short-interest ratio is presently 1.3 days. Approximately 2.0% of the shares of the company are short sold.

WisdomTree Floating Rate Treasury Fund Stock Performance

Shares of USFR stock opened at $50.42 on Wednesday. WisdomTree Floating Rate Treasury Fund has a 52-week low of $50.23 and a 52-week high of $50.51. The firm has a fifty day moving average of $50.41 and a 200-day moving average of $50.40.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in USFR. Bank of America Corp DE grew its stake in shares of WisdomTree Floating Rate Treasury Fund by 10.8% in the 1st quarter. Bank of America Corp DE now owns 15,934,091 shares of the company’s stock valued at $802,122,000 after purchasing an additional 1,551,622 shares during the period. NewEdge Wealth LLC acquired a new stake in WisdomTree Floating Rate Treasury Fund in the 4th quarter valued at $419,186,000. Captrust Financial Advisors boosted its stake in WisdomTree Floating Rate Treasury Fund by 1.7% in the 4th quarter. Captrust Financial Advisors now owns 7,196,392 shares of the company’s stock valued at $362,122,000 after buying an additional 117,325 shares in the last quarter. Raymond James Financial Inc. grew its position in WisdomTree Floating Rate Treasury Fund by 5.5% in the fourth quarter. Raymond James Financial Inc. now owns 7,107,531 shares of the company’s stock valued at $357,651,000 after acquiring an additional 371,877 shares during the period. Finally, Ameriprise Financial Inc. grew its position in WisdomTree Floating Rate Treasury Fund by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 4,582,438 shares of the company’s stock valued at $230,527,000 after acquiring an additional 205,006 shares during the period.

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.