WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Stock Short Interest Declines 37.1%

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) saw a large decline in short interest in the month of 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. Approximately 0.1% of the shares of the company are sold short. Based on an average trading 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

Institutional investors have recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. grew its position in shares of WisdomTree Floating Rate Treasury Fund by 1.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 21,935 shares of the company’s stock valued at $1,104,000 after purchasing an additional 249 shares in the last quarter. Apella Capital LLC grew its position in WisdomTree Floating Rate Treasury Fund by 4.5% in the 1st quarter. Apella Capital LLC now owns 6,225 shares of the company’s stock valued at $314,000 after acquiring an additional 270 shares during the last quarter. Florida Financial Advisors LLC grew its holdings in shares of WisdomTree Floating Rate Treasury Fund by 3.6% in the first quarter. Florida Financial Advisors LLC now owns 7,744 shares of the company’s stock worth $390,000 after purchasing an additional 270 shares during the last quarter. Altus Wealth Group LLC increased its position in shares of WisdomTree Floating Rate Treasury Fund by 5.1% during the first quarter. Altus Wealth Group LLC now owns 5,707 shares of the company’s stock worth $287,000 after acquiring an additional 276 shares during the period. Finally, XY Planning Network Inc. increased its holdings in WisdomTree Floating Rate Treasury Fund by 1.3% during the 2nd quarter. XY Planning Network Inc. now owns 23,617 shares of the company’s stock worth $1,189,000 after purchasing an additional 304 shares during the period.

WisdomTree Floating Rate Treasury Fund Stock Performance

Shares of USFR traded up $0.01 during mid-day trading on Thursday, reaching $50.40. The stock had a trading volume of 815,119 shares, compared to its average volume of 5,189,835. The business has a fifty day moving average of $50.43 and a 200 day moving average of $50.41. WisdomTree Floating Rate Treasury Fund has a 12 month low of $50.23 and a 12 month high of $50.51.

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.