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

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

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 0.0%

NYSEARCA:USDU traded up $0.01 during midday trading on Thursday, reaching $26.45. 63,871 shares of the stock traded hands, compared to its average volume of 484,280. The company has a fifty day moving average of $26.60 and a 200 day moving average of $26.17. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12 month low of $25.14 and a 12 month high of $27.25.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Legacy Wealth Partners LLC purchased a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter worth $1,872,000. Sovereign Financial Group Inc. boosted its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 4.1% in the first quarter. Sovereign Financial Group Inc. now owns 34,771 shares of the company’s stock valued at $916,000 after acquiring an additional 1,383 shares in the last quarter. Waystone Advisors LLC purchased a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 1st quarter valued at $763,000. Rockefeller Capital Management L.P. purchased a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter valued at $1,414,000. Finally, Cowa LLC increased its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 335.3% during the 4th quarter. Cowa LLC now owns 49,285 shares of the company’s stock valued at $1,272,000 after purchasing an additional 37,962 shares during the period.

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.