Short Interest in WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Drops By 74.3%

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

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

A number of large investors have recently modified their holdings of the business. Jane Street Group LLC increased its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 139.9% in the first quarter. Jane Street Group LLC now owns 173,063 shares of the company’s stock worth $4,718,000 after purchasing an additional 100,920 shares during the last quarter. GenWealth Group Inc. lifted its position in 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 purchasing an additional 48,355 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the fourth quarter valued at approximately $46,000. Assetmark Inc. grew its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 16,834.5% in the 4th quarter. Assetmark Inc. now owns 54,529 shares of the company’s stock worth $1,407,000 after buying an additional 54,207 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 4th quarter worth approximately $3,833,000.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Price Performance

NYSEARCA:USDU traded down $0.08 during trading hours on Friday, hitting $26.38. 98,918 shares of the company’s stock traded hands, compared to its average volume of 481,940. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 52 week low of $25.14 and a 52 week high of $27.25. The business’s fifty day simple moving average is $26.60 and its two-hundred day simple moving average is $26.17.

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.