WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Short Interest Update

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 6,230 shares, a drop of 92.3% from the April 15th total of 81,405 shares. Based on an average daily volume of 244,363 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of large investors have recently modified their holdings of USDU. Jane Street Group LLC lifted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 139.9% in the 1st 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 in the last quarter. Osborne Partners Capital Management LLC raised its position in 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 valued at $13,520,000 after buying an additional 32,550 shares during the last quarter. Trek Financial LLC purchased a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 3rd quarter valued at $8,543,000. J. Safra Sarasin Holding AG purchased a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 3rd quarter valued at $3,317,000. Finally, AE Wealth Management LLC raised its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 147.1% in the 3rd quarter. AE Wealth Management LLC now owns 1,680 shares of the company’s stock valued at $44,000 after buying an additional 1,000 shares during the last quarter.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Price Performance

Shares of USDU traded up $0.08 during trading hours on Wednesday, reaching $26.00. The stock had a trading volume of 170,755 shares, compared to its average volume of 552,959. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12 month low of $25.14 and a 12 month high of $27.25. The firm has a 50-day simple moving average of $26.06 and a 200 day simple moving average of $26.21.

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.