WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Short Interest Down 89.6% in June

WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 312,897 shares, a decline of 89.6% from the May 31st total of 3,001,612 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 5,090,116 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Boyd Watterson Asset Management LLC OH bought a new position in WisdomTree Floating Rate Treasury Fund in the first quarter valued at $29,000. Physician Wealth Advisors Inc. bought a new stake in WisdomTree Floating Rate Treasury Fund during the 1st quarter worth about $31,000. Frankly Finances LLC bought a new stake in WisdomTree Floating Rate Treasury Fund during the 1st quarter worth about $49,000. Cornerstone Planning Group LLC boosted its stake in shares of WisdomTree Floating Rate Treasury Fund by 1,353.5% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,032 shares of the company’s stock worth $52,000 after buying an additional 961 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC acquired a new position in shares of WisdomTree Floating Rate Treasury Fund during the 1st quarter worth about $70,000.

WisdomTree Floating Rate Treasury Fund Price Performance

Shares of USFR traded up $0.01 during mid-day trading on Friday, hitting $50.34. 2,303,728 shares of the company’s stock were exchanged, compared to its average volume of 4,952,774. WisdomTree Floating Rate Treasury Fund has a 52 week low of $50.23 and a 52 week high of $50.49. The company has a 50-day simple moving average of $50.40 and a 200 day simple moving average of $50.39.

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.