WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Sees Significant Drop in Short Interest

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR – Get Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 413,262 shares, a decline of 37.1% from the August 31st total of 656,907 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 6,412,249 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On WisdomTree Floating Rate Treasury Fund

Large investors have recently modified their holdings of the company. Boyd Watterson Asset Management LLC OH acquired a new position in WisdomTree Floating Rate Treasury Fund in the 1st quarter valued at approximately $29,000. Physician Wealth Advisors Inc. bought a new stake in shares of WisdomTree Floating Rate Treasury Fund during the 1st quarter valued at $31,000. Frankly Finances LLC bought a new stake in WisdomTree Floating Rate Treasury Fund during the 1st quarter worth approximately $49,000. NBH Bank acquired a new stake in WisdomTree Floating Rate Treasury Fund in the second quarter valued at approximately $60,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 1st quarter worth approximately $70,000.

WisdomTree Floating Rate Treasury Fund Stock Performance

USFR traded up $0.01 during trading on Friday, reaching $50.41. 3,243,101 shares of the company were exchanged, compared to its average volume of 5,248,578. WisdomTree Floating Rate Treasury Fund has a 12-month low of $50.23 and a 12-month high of $50.51. The company’s 50-day moving average is $50.43 and its two-hundred day moving average is $50.41.

WisdomTree Floating Rate Treasury Fund Company Profile

(Get Free Report)

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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