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

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 7,382,610 shares, a growth of 1,216.6% from the July 15th total of 560,736 shares. Based on an average daily volume of 5,898,183 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Kickstand Ventures LLC. grew its holdings in shares of WisdomTree Floating Rate Treasury Fund by 1.3% during the fourth quarter. Kickstand Ventures LLC. now owns 19,310 shares of the company’s stock worth $972,000 after purchasing an additional 248 shares in the last quarter. Warren Street Wealth Advisors LLC increased its position in shares of WisdomTree Floating Rate Treasury Fund by 12.4% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 119,388 shares of the company’s stock worth $6,008,000 after purchasing an additional 13,188 shares during the last quarter. Bravias Capital Group LLC increased its position in shares of WisdomTree Floating Rate Treasury Fund by 11.4% in the fourth quarter. Bravias Capital Group LLC now owns 52,474 shares of the company’s stock worth $2,640,000 after purchasing an additional 5,369 shares during the last quarter. Turtle Creek Wealth Advisors LLC purchased a new stake in WisdomTree Floating Rate Treasury Fund in the fourth quarter valued at approximately $969,000. Finally, New Perspectives Inc raised its stake in WisdomTree Floating Rate Treasury Fund by 1.1% in the fourth quarter. New Perspectives Inc now owns 416,536 shares of the company’s stock valued at $20,960,000 after purchasing an additional 4,611 shares in the last quarter.

WisdomTree Floating Rate Treasury Fund Stock Down 0.0%

NYSEARCA:USFR traded down $0.01 during trading hours on Tuesday, hitting $50.42. The stock had a trading volume of 4,390,535 shares, compared to its average volume of 5,039,641. The company has a 50 day simple moving average of $50.41 and a two-hundred day simple moving average of $50.40. WisdomTree Floating Rate Treasury Fund has a one year low of $50.23 and a one year high of $50.51.

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.