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

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 5,165 shares, a growth of 49.6% from the January 29th total of 3,452 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 532,583 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 532,583 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 1.7%

WisdomTree Bloomberg U.S. Dollar Bullish Fund stock traded up $0.43 during midday trading on Monday, hitting $25.84. 475,795 shares of the company’s stock were exchanged, compared to its average volume of 414,264. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12-month low of $25.14 and a 12-month high of $27.56. The firm’s 50 day simple moving average is $25.76 and its 200 day simple moving average is $26.33.

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

Several large investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC grew its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 154.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 956 shares of the company’s stock valued at $25,000 after buying an additional 580 shares during the last quarter. AE Wealth Management LLC boosted its holdings in shares of 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 in the last quarter. NewSquare Capital LLC increased its stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 2.1% during the second quarter. NewSquare Capital LLC now owns 73,608 shares of the company’s stock worth $1,897,000 after acquiring an additional 1,522 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the fourth quarter worth about $46,000. Finally, Sovereign Financial Group Inc. raised its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 6.2% during the fourth quarter. Sovereign Financial Group Inc. now owns 33,388 shares of the company’s stock worth $861,000 after purchasing an additional 1,960 shares in the last quarter.

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.