WisdomTree 1-3 Year Laddered Treasury Fund (NASDAQ:USSH) Sees Significant Growth in Short Interest

WisdomTree 1-3 Year Laddered Treasury Fund (NASDAQ:USSH) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 4,300 shares, a growth of 26.5% from the April 30th total of 3,400 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is currently 1.5 days.

WisdomTree 1-3 Year Laddered Treasury Fund Stock Up 0.2%

Shares of WisdomTree 1-3 Year Laddered Treasury Fund stock opened at $50.58 on Thursday. The stock’s fifty day moving average is $50.64 and its two-hundred day moving average is $50.44. WisdomTree 1-3 Year Laddered Treasury Fund has a 52 week low of $49.85 and a 52 week high of $51.01.

WisdomTree 1-3 Year Laddered Treasury Fund Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, May 29th. Shareholders of record on Tuesday, May 27th were issued a $0.165 dividend. This represents a $1.98 annualized dividend and a dividend yield of 3.91%. This is a boost from WisdomTree 1-3 Year Laddered Treasury Fund’s previous monthly dividend of $0.16. The ex-dividend date was Tuesday, May 27th.

Institutional Investors Weigh In On WisdomTree 1-3 Year Laddered Treasury Fund

Hedge funds have recently made changes to their positions in the company. Jane Street Group LLC lifted its holdings in shares of WisdomTree 1-3 Year Laddered Treasury Fund by 53.2% in the 1st quarter. Jane Street Group LLC now owns 6,659 shares of the company’s stock worth $337,000 after buying an additional 2,313 shares during the period. HighTower Advisors LLC purchased a new stake in shares of WisdomTree 1-3 Year Laddered Treasury Fund in the 1st quarter worth $3,363,000. Berger Financial Group Inc purchased a new stake in shares of WisdomTree 1-3 Year Laddered Treasury Fund during the 1st quarter worth $791,000. Cetera Investment Advisers lifted its stake in shares of WisdomTree 1-3 Year Laddered Treasury Fund by 24.1% during the 4th quarter. Cetera Investment Advisers now owns 6,391 shares of the company’s stock worth $321,000 after purchasing an additional 1,241 shares during the last quarter. Finally, Clear Point Advisors Inc. lifted its stake in shares of WisdomTree 1-3 Year Laddered Treasury Fund by 15.6% during the 4th quarter. Clear Point Advisors Inc. now owns 6,199 shares of the company’s stock worth $311,000 after purchasing an additional 835 shares during the last quarter.

WisdomTree 1-3 Year Laddered Treasury Fund Company Profile

The WisdomTree 1-3 Year Laddered Treasury Fund (USSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an equally weighted index comprised of US Treasury securities with remaining maturities of 1-3 years. USSH was launched on Mar 14, 2024 and is issued by WisdomTree.