USFR Stock Summary and Trading Ideas (WisdomTree Bloomberg Floating Rate Treasury | ARCA:USFR)

WisdomTree Bloomberg Floating Rate Treasury Fund seeks to track the price and yield performance, before fees and expenses, of the Bloomberg U.S. Treasury Floating Rate Bond Index.

WisdomTree Bloomberg Floating Rate Treasury trades on the ARCA stock market under the symbol USFR.

As of April 19, 2024, USFR stock price climbed to $50.48 with 3,401,229 million shares trading.

USFR has a beta of 0.00, meaning it tends to be less sensitive to market movements. USFR has a correlation of 0.01 to the broad based SPY ETF.

USFR has a market cap of $17.38 billion. This is considered a Large Cap stock.

In the last 3 years, USFR stock traded as high as $50.52 and as low as $50.18.

USFR has underperformed the market in the last year with a return of +5.0%, while the SPY ETF gained +21.2%. In the last 3 month period, USFR fell short of the market, returning +1.5%, while SPY returned +3.0%. However, in the most recent 2 weeks USFR has outperformed the stock market by returning +0.3%, while SPY returned -4.5%.

USFR support price is $50.46 and resistance is $50.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USFR stock will trade within this expected range on the day.