WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Short Interest Down 24.8% in February

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 3,886 shares, a drop of 24.8% from the February 12th total of 5,165 shares. Based on an average daily trading volume, of 390,066 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 390,066 shares, the short-interest ratio is currently 0.0 days.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 0.6%

USDU traded up $0.15 on Friday, hitting $26.30. 3,340,163 shares of the stock traded hands, compared to its average volume of 605,185. The business has a fifty day moving average price of $25.74 and a two-hundred day moving average price of $26.31. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 52 week low of $25.14 and a 52 week high of $27.45.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 154.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 956 shares of the company’s stock worth $25,000 after purchasing an additional 580 shares during the period. AE Wealth Management LLC raised its stake in shares of 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 in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 4th quarter valued at $46,000. Tucker Asset Management LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter worth about $68,000. Finally, Parallel Advisors LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter worth about $96,000.

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.