WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Short Interest Down 93.6% in August

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 470,426 shares, a decline of 93.6% from the July 30th total of 7,382,610 shares. Based on an average daily volume of 5,254,999 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

WisdomTree Floating Rate Treasury Fund Stock Up 0.0%

NYSEARCA USFR traded up $0.01 during trading on Thursday, hitting $50.35. The stock had a trading volume of 4,320,143 shares, compared to its average volume of 4,992,195. WisdomTree Floating Rate Treasury Fund has a one year low of $50.23 and a one year high of $50.51. The stock has a 50 day simple moving average of $50.42 and a 200 day simple moving average of $50.40.

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

Several hedge funds have recently bought and sold shares of the stock. Acorn Creek Capital LLC grew its holdings in shares of WisdomTree Floating Rate Treasury Fund by 18.2% during the fourth quarter. Acorn Creek Capital LLC now owns 240,579 shares of the company’s stock worth $12,106,000 after buying an additional 37,086 shares during the last quarter. Broussard Financial Group LLC purchased a new stake in shares of WisdomTree Floating Rate Treasury Fund in the fourth quarter valued at about $17,268,000. Vantage Point Financial LLC increased its position in WisdomTree Floating Rate Treasury Fund by 5.8% during the 4th quarter. Vantage Point Financial LLC now owns 84,197 shares of the company’s stock worth $4,237,000 after purchasing an additional 4,599 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in WisdomTree Floating Rate Treasury Fund by 5.9% in the 4th quarter. Laurel Wealth Advisors LLC now owns 161,211 shares of the company’s stock valued at $8,112,000 after acquiring an additional 8,992 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its position in WisdomTree Floating Rate Treasury Fund by 8.3% during the fourth quarter. Strategic Blueprint LLC now owns 17,396 shares of the company’s stock worth $875,000 after buying an additional 1,337 shares during the period.

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.