WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Stock Short Interest Falls 71.8%

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 1,151,694 shares, a decrease of 71.8% from the September 30th total of 4,085,626 shares. Based on an average trading volume of 6,527,056 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are short sold.

WisdomTree Floating Rate Treasury Fund Trading Up 0.0%

Shares of NYSEARCA USFR traded up $0.01 during mid-day trading on Thursday, reaching $50.38. 4,570,281 shares of the company’s stock were exchanged, compared to its average volume of 5,308,093. WisdomTree Floating Rate Treasury Fund has a twelve month low of $50.25 and a twelve month high of $50.54. The business has a fifty day simple moving average of $50.44 and a 200 day simple moving average of $50.41.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its position in shares of WisdomTree Floating Rate Treasury Fund by 10.8% during the 1st quarter. Bank of America Corp DE now owns 15,934,091 shares of the company’s stock worth $802,122,000 after purchasing an additional 1,551,622 shares in the last quarter. Morton Capital Management LLC CA increased its holdings in shares of WisdomTree Floating Rate Treasury Fund by 79.4% during the third quarter. Morton Capital Management LLC CA now owns 3,122,365 shares of the company’s stock worth $157,336,000 after purchasing an additional 1,381,797 shares during the period. Stenger Family Office LLC acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund in the first quarter valued at approximately $50,799,000. Kestra Advisory Services LLC raised its position in shares of WisdomTree Floating Rate Treasury Fund by 78.3% in the first quarter. Kestra Advisory Services LLC now owns 2,009,823 shares of the company’s stock valued at $101,175,000 after buying an additional 882,801 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of WisdomTree Floating Rate Treasury Fund by 363.1% in the first quarter. NewEdge Advisors LLC now owns 922,353 shares of the company’s stock valued at $46,431,000 after buying an additional 723,199 shares in the last quarter.

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.