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

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDUGet Free Report) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 420,735 shares, a growth 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 days-to-cover ratio is presently 0.3 days. Currently, 5.8% of the shares of the company are short sold. Currently, 5.8% of the shares of the company are short sold. Based on an average daily volume of 1,355,760 shares, the days-to-cover ratio is presently 0.3 days.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Performance

NYSEARCA USDU traded up $0.07 on Tuesday, hitting $26.18. 277,768 shares of the company’s stock were exchanged, compared to its average volume of 590,876. The firm’s 50-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 has a fifty-two week low of $25.14 and a fifty-two week high of $27.45.

Institutional Trading of WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of institutional investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. acquired a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the fourth quarter worth $1,414,000. Vident Advisory LLC acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at $1,896,000. Hilltop Holdings Inc. acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the fourth quarter valued at $1,202,000. Royal Bank of Canada boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 31,612.0% during the 4th quarter. Royal Bank of Canada now owns 7,928 shares of the company’s stock worth $205,000 after purchasing an additional 7,903 shares in the last quarter. Finally, Advyzon Investment Management LLC boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 308.0% during the 4th quarter. Advyzon Investment Management LLC now owns 404,396 shares of the company’s stock worth $10,433,000 after purchasing an additional 305,287 shares in the last quarter.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Company Profile

(Get Free Report)

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.

Further Reading

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