WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Short Interest Up 25.5% in January

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 9,371 shares, an increase of 25.5% from the December 31st total of 7,468 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 368,419 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 368,419 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Down 0.3%

USDU stock traded down $0.08 during trading on Tuesday, hitting $25.53. 190,179 shares of the stock traded hands, compared to its average volume of 399,851. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a one year low of $25.20 and a one year high of $27.83. The company has a 50 day simple moving average of $26.27 and a 200 day simple moving average of $26.42.

Institutional Investors Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of large investors have recently bought and sold shares of USDU. AE Wealth Management LLC raised its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 147.1% in the 3rd quarter. AE Wealth Management LLC now owns 1,680 shares of the company’s stock valued at $44,000 after purchasing an additional 1,000 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at $46,000. Reyes Financial Architecture Inc. bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at about $110,000. PMV Capital Advisers LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at about $136,000. Finally, Cowa LLC acquired a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 3rd quarter worth about $299,000.

About WisdomTree Bloomberg U.S. Dollar Bullish Fund

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.