WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU – Get Free Report) was the recipient of a large decrease in short interest in 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 company’s shares are sold short. Based on an average daily trading volume, of 390,066 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 390,066 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are sold short.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in USDU. GenWealth Group Inc. increased its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 8.2% during the third quarter. GenWealth Group Inc. now owns 638,295 shares of the company’s stock valued at $16,845,000 after acquiring an additional 48,355 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 4th quarter worth $15,045,000. Osborne Partners Capital Management LLC lifted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 6.8% in the 3rd quarter. Osborne Partners Capital Management LLC now owns 512,305 shares of the company’s stock worth $13,520,000 after purchasing an additional 32,550 shares in the last quarter. Advyzon Investment Management LLC grew its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 308.0% in the 4th quarter. Advyzon Investment Management LLC now owns 404,396 shares of the company’s stock valued at $10,433,000 after purchasing an additional 305,287 shares during the period. Finally, Ausdal Financial Partners Inc. grew its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 191.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 378,246 shares of the company’s stock valued at $9,759,000 after purchasing an additional 248,501 shares during the period.
WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Down 0.5%
NYSEARCA:USDU traded down $0.12 during trading hours on Monday, reaching $26.18. The company had a trading volume of 992,466 shares, compared to its average volume of 612,927. The business’s 50-day simple moving average is $25.74 and its two-hundred day simple moving average is $26.31. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a twelve month low of $25.14 and a twelve month high of $27.45.
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.
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