WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Short Interest Up 127.6% in May

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 3,001,612 shares, an increase of 127.6% from the May 14th total of 1,318,987 shares. Based on an average trading volume of 4,492,608 shares, the short-interest ratio is presently 0.7 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Investors Weigh In On WisdomTree Floating Rate Treasury Fund

Large investors have recently added to or reduced their stakes in the stock. Redmont Wealth Advisors LLC acquired a new position in shares of WisdomTree Floating Rate Treasury Fund during the third quarter valued at $27,000. Boyd Watterson Asset Management LLC OH bought a new position in shares of WisdomTree Floating Rate Treasury Fund during the first quarter worth about $29,000. Physician Wealth Advisors Inc. acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 1st quarter worth about $31,000. Frankly Finances LLC acquired a new stake in shares of WisdomTree Floating Rate Treasury Fund in the 1st quarter worth about $49,000. Finally, Cornerstone Planning Group LLC lifted its position in WisdomTree Floating Rate Treasury Fund by 1,353.5% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock valued at $52,000 after purchasing an additional 961 shares during the last quarter.

WisdomTree Floating Rate Treasury Fund Trading Up 0.0%

Shares of WisdomTree Floating Rate Treasury Fund stock opened at $50.42 on Friday. WisdomTree Floating Rate Treasury Fund has a twelve month low of $50.23 and a twelve month high of $50.49. The business’s 50 day simple moving average is $50.39 and its 200-day simple moving average is $50.38.

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.