Short Interest in WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Grows By 127.6%

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 3,001,612 shares, a growth of 127.6% from the May 14th total of 1,318,987 shares. Based on an average trading volume of 4,492,608 shares, the short-interest ratio is currently 0.7 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Diversify Wealth Management LLC raised its position in shares of WisdomTree Floating Rate Treasury Fund by 4.5% during the 4th quarter. Diversify Wealth Management LLC now owns 4,815 shares of the company’s stock worth $243,000 after acquiring an additional 207 shares in the last quarter. Flynn Zito Capital Management LLC raised its position in shares of WisdomTree Floating Rate Treasury Fund by 0.8% during the 4th quarter. Flynn Zito Capital Management LLC now owns 27,304 shares of the company’s stock worth $1,374,000 after acquiring an additional 215 shares in the last quarter. Kickstand Ventures LLC. grew its stake in WisdomTree Floating Rate Treasury Fund by 1.3% during the 4th quarter. Kickstand Ventures LLC. now owns 19,310 shares of the company’s stock worth $972,000 after buying an additional 248 shares during the last quarter. Apella Capital LLC grew its stake in WisdomTree Floating Rate Treasury Fund by 4.5% during the 1st quarter. Apella Capital LLC now owns 6,225 shares of the company’s stock worth $314,000 after buying an additional 270 shares during the last quarter. Finally, Florida Financial Advisors LLC grew its stake in WisdomTree Floating Rate Treasury Fund by 3.6% during the 1st quarter. Florida Financial Advisors LLC now owns 7,744 shares of the company’s stock worth $390,000 after buying an additional 270 shares during the last quarter.

WisdomTree Floating Rate Treasury Fund Price Performance

Shares of NYSEARCA USFR traded up $0.01 during midday trading on Friday, hitting $50.42. 4,311,877 shares of the company’s stock were exchanged, compared to its average volume of 4,968,050. WisdomTree Floating Rate Treasury Fund has a twelve month low of $50.23 and a twelve month high of $50.49. The firm’s fifty day simple moving average is $50.39 and its 200-day simple moving average is $50.38.

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.