WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Sees Large Decrease in Short Interest

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

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted 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 valued at $802,122,000 after acquiring an additional 1,551,622 shares in the last quarter. BIP Wealth LLC grew its holdings in shares of WisdomTree Floating Rate Treasury Fund by 2.1% in the 3rd quarter. BIP Wealth LLC now owns 5,638,832 shares of the company’s stock worth $284,141,000 after purchasing an additional 117,141 shares during the last quarter. Morton Capital Management LLC CA grew its holdings in shares of WisdomTree Floating Rate Treasury Fund by 79.4% in the 3rd 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 last quarter. Private Advisor Group LLC increased its position in shares of WisdomTree Floating Rate Treasury Fund by 16.4% during the 1st quarter. Private Advisor Group LLC now owns 2,316,049 shares of the company’s stock worth $116,590,000 after purchasing an additional 326,696 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of WisdomTree Floating Rate Treasury Fund by 78.3% during the 1st quarter. Kestra Advisory Services LLC now owns 2,009,823 shares of the company’s stock worth $101,175,000 after purchasing an additional 882,801 shares in the last quarter.

WisdomTree Floating Rate Treasury Fund Stock Performance

NYSEARCA USFR traded up $0.01 during midday trading on Wednesday, hitting $50.38. The company had a trading volume of 1,204,365 shares, compared to its average volume of 5,288,503. The firm has a fifty day simple moving average of $50.44 and a two-hundred day simple moving average of $50.41. WisdomTree Floating Rate Treasury Fund has a fifty-two week low of $50.24 and a fifty-two week high of $50.54.

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.