WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Short Interest Update

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,375 shares, a decline of 74.3% from the July 15th total of 13,148 shares. Based on an average daily trading volume, of 182,344 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its position in shares of 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 valued at $25,000 after purchasing an additional 580 shares in the last quarter. Fifth Third Bancorp bought a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter worth $36,000. Flagship Harbor Advisors LLC bought a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter worth $46,000. Tucker Asset Management LLC purchased a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the fourth quarter valued at $68,000. Finally, Parallel Advisors LLC purchased a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the fourth quarter valued at $96,000.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Performance

USDU traded up $0.01 on Thursday, hitting $26.45. The company had a trading volume of 63,871 shares, compared to its average volume of 484,280. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 52-week low of $25.14 and a 52-week high of $27.25. The stock has a fifty day simple moving average of $26.60 and a 200-day simple moving average of $26.17.

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.