WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Sees Large Increase in Short Interest

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 420,735 shares, an increase of 10,726.9% from the February 26th total of 3,886 shares. Based on an average daily volume of 1,355,760 shares, the short-interest ratio is presently 0.3 days. Currently, 5.8% of the company’s stock are sold short. Currently, 5.8% of the company’s stock are sold short. Based on an average daily volume of 1,355,760 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of institutional investors and hedge funds have recently made changes to their positions in USDU. GenWealth Group Inc. lifted its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 8.2% in the 3rd quarter. GenWealth Group Inc. now owns 638,295 shares of the company’s stock valued at $16,845,000 after acquiring an additional 48,355 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at approximately $15,045,000. Osborne Partners Capital Management LLC boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 6.8% during the third 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. Advyzon Investment Management LLC boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 308.0% during the fourth quarter. Advyzon Investment Management LLC now owns 404,396 shares of the company’s stock valued at $10,433,000 after buying an additional 305,287 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 191.5% during the fourth quarter. Ausdal Financial Partners Inc. now owns 378,246 shares of the company’s stock worth $9,759,000 after buying an additional 248,501 shares in the last quarter.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Performance

USDU opened at $26.18 on Wednesday. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 1-year low of $25.14 and a 1-year high of $27.45. The company’s fifty day moving average price is $25.77 and its two-hundred day moving average price is $26.30.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Company Profile

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.