WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Short Interest Down 24.8% in February

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 3,886 shares, a decrease of 24.8% from the February 12th total of 5,165 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 390,066 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 390,066 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 0.6%

Shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund stock traded up $0.15 during trading hours on Friday, hitting $26.30. 3,340,163 shares of the company’s stock traded hands, compared to its average volume of 605,185. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12-month low of $25.14 and a 12-month high of $27.45. The company has a fifty day simple moving average of $25.74 and a 200-day simple moving average of $26.31.

Institutional Trading of WisdomTree Bloomberg U.S. Dollar Bullish Fund

Large investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC increased its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 154.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 956 shares of the company’s stock worth $25,000 after buying an additional 580 shares during the last quarter. AE Wealth Management LLC boosted its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 147.1% in the third quarter. AE Wealth Management LLC now owns 1,680 shares of the company’s stock valued at $44,000 after acquiring an additional 1,000 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter valued at approximately $46,000. Tucker Asset Management LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter valued at approximately $68,000. Finally, Parallel Advisors LLC purchased a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter worth approximately $96,000.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Company Profile

The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) is an exchange-traded fund that is based on the Bloomberg Dollar Total Return index. The fund is an actively managed ETF that goes long the US dollar against a basket of global currencies from developed as well as emerging markets. USDU was launched on Dec 18, 2013 and is managed by WisdomTree.