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 decrease in short interest in July. As of July 15th, there was short interest totaling 13,148 shares, a decrease of 60.2% from the June 30th total of 33,062 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 378,103 shares, the days-to-cover ratio is presently 0.0 days.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Price Performance

NYSEARCA USDU traded up $0.04 during midday trading on Wednesday, hitting $26.82. The company had a trading volume of 14,340 shares, compared to its average volume of 468,434. The firm has a 50-day moving average price of $26.54 and a 200-day moving average price of $26.13. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a twelve month low of $25.14 and a twelve month high of $27.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Assetmark Inc. grew its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 5,639.0% during the first quarter. Assetmark Inc. now owns 3,129,395 shares of the company’s stock worth $82,397,000 after buying an additional 3,074,866 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 4th quarter valued at approximately $15,045,000. Empowered Funds LLC bought a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 1st quarter worth approximately $13,494,000. Advyzon Investment Management LLC lifted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 308.0% during the 4th quarter. Advyzon Investment Management LLC now owns 404,396 shares of the company’s stock worth $10,433,000 after acquiring an additional 305,287 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 191.5% during the 4th quarter. Ausdal Financial Partners Inc. now owns 378,246 shares of the company’s stock worth $9,759,000 after acquiring an additional 248,501 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.