WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Sees Large Growth in Short Interest

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 420,735 shares, a growth of 10,726.9% from the February 26th total of 3,886 shares. Based on an average daily trading volume, of 1,355,760 shares, the short-interest ratio is currently 0.3 days. Currently, 5.8% of the company’s stock are sold short.

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

WisdomTree Bloomberg U.S. Dollar Bullish Fund stock opened at $26.26 on Thursday. The company has a 50 day moving average of $25.78 and a 200-day moving average of $26.30. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a twelve month low of $25.14 and a twelve month high of $27.45.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC acquired a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at approximately $15,045,000. Trek Financial LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 3rd quarter worth approximately $8,543,000. Advyzon Investment Management LLC raised its stake 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 acquiring an additional 305,287 shares during the period. Ausdal Financial Partners Inc. raised its stake 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 acquiring an additional 248,501 shares during the period. Finally, Virtue Capital Management LLC acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 2nd quarter valued at $4,881,000.

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.