WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 413,262 shares, a drop of 37.1% from the August 31st total of 656,907 shares. Based on an average trading volume of 6,412,249 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.
Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund
Several institutional investors have recently modified their holdings of USFR. Bank of America Corp DE raised its position in WisdomTree Floating Rate Treasury Fund by 10.8% in the 1st quarter. Bank of America Corp DE now owns 15,934,091 shares of the company’s stock worth $802,122,000 after buying an additional 1,551,622 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of WisdomTree Floating Rate Treasury Fund by 1.7% during the fourth quarter. Captrust Financial Advisors now owns 7,196,392 shares of the company’s stock valued at $362,122,000 after purchasing an additional 117,325 shares during the last quarter. Private Advisor Group LLC lifted its holdings 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 valued at $116,590,000 after buying an additional 326,696 shares during the period. Kestra Advisory Services LLC lifted its holdings in 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 acquiring an additional 882,801 shares during the period. Finally, Cardinal Point Capital Management ULC lifted its stake in shares of WisdomTree Floating Rate Treasury Fund by 2.6% in the 1st quarter. Cardinal Point Capital Management ULC now owns 1,474,438 shares of the company’s stock worth $74,223,000 after purchasing an additional 37,555 shares during the period.
WisdomTree Floating Rate Treasury Fund Price Performance
Shares of USFR stock traded up $0.01 during trading hours on Thursday, hitting $50.40. 815,119 shares of the company’s stock traded hands, compared to its average volume of 5,189,835. The stock’s fifty day simple moving average is $50.43 and its two-hundred day simple moving average is $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.
See Also
- Five stocks we like better than WisdomTree Floating Rate Treasury Fund
- Jabil’s Double-Beat and Raise Is a Signal That This Rally Will Continue
- Anthropic’s IPO Could Put Amazon’s and Alphabet’s Paper Profits to the Test
- Microsoft’s AI Spending Didn’t Change—Wall Street’s View of It Did
- Cleared for Takeoff: AAR Corp. Expands Its Aerospace Aftermarket Reach
Receive News & Ratings for WisdomTree Floating Rate Treasury Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Floating Rate Treasury Fund and related companies with MarketBeat.com's FREE daily email newsletter.
