Short Interest in WisdomTree Floating Rate Treasury Fund (NYSEARCA:USFR) Declines By 89.6%

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

WisdomTree Floating Rate Treasury Fund Price Performance

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Boyd Watterson Asset Management LLC OH acquired a new position in WisdomTree Floating Rate Treasury Fund in the first quarter valued at about $29,000. Physician Wealth Advisors Inc. acquired a new position in WisdomTree Floating Rate Treasury Fund during the first quarter valued at approximately $31,000. Frankly Finances LLC bought a new stake in WisdomTree Floating Rate Treasury Fund in the first quarter valued at approximately $49,000. Cornerstone Planning Group LLC increased its stake in WisdomTree Floating Rate Treasury Fund by 1,353.5% in the fourth 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 in the last quarter. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in WisdomTree Floating Rate Treasury Fund in the first quarter worth $70,000.

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.