Short Interest in Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Decreases By 78.6%

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 1,346,508 shares, a decrease of 78.6% from the July 30th total of 6,306,126 shares. Currently, 8.9% of the shares of the stock are short sold. Based on an average daily volume of 1,860,342 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UUP. Empowered Funds LLC purchased a new position in Invesco DB US Dollar Index Bullish Fund during the first quarter worth about $13,602,000. Bank of America Corp DE lifted its stake in Invesco DB US Dollar Index Bullish Fund by 13.6% during the first quarter. Bank of America Corp DE now owns 270,479 shares of the exchange traded fund’s stock worth $7,514,000 after purchasing an additional 32,366 shares in the last quarter. Intrua Financial LLC boosted its position in shares of Invesco DB US Dollar Index Bullish Fund by 1,451.0% during the fourth quarter. Intrua Financial LLC now owns 253,375 shares of the exchange traded fund’s stock worth $6,849,000 after buying an additional 237,039 shares during the period. Raffles Associates LP acquired a new position in Invesco DB US Dollar Index Bullish Fund in the 2nd quarter valued at about $4,301,000. Finally, Jefferies Financial Group Inc. purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the 4th quarter worth approximately $4,190,000.

Invesco DB US Dollar Index Bullish Fund Trading Down 0.1%

NYSEARCA UUP opened at $27.94 on Wednesday. Invesco DB US Dollar Index Bullish Fund has a 52 week low of $26.40 and a 52 week high of $28.60. The business’s fifty day simple moving average is $28.29 and its 200-day simple moving average is $27.79.

About Invesco DB US Dollar Index Bullish Fund

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket.