Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Short Interest Update

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 3,061,008 shares, a growth of 89.0% from the April 15th total of 1,619,927 shares. Currently, 24.1% of the shares of the company are sold short. Based on an average daily volume of 1,822,202 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Invesco DB US Dollar Index Bullish Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Capital Inc. acquired a new stake in shares of Invesco DB US Dollar Index Bullish Fund during the 4th quarter worth approximately $1,676,000. EverSource Wealth Advisors LLC bought a new position in Invesco DB US Dollar Index Bullish Fund in the 4th quarter worth approximately $213,000. Jefferies Financial Group Inc. bought a new position in Invesco DB US Dollar Index Bullish Fund in the 4th quarter worth approximately $4,190,000. Tucker Asset Management LLC bought a new position in Invesco DB US Dollar Index Bullish Fund in the 4th quarter worth approximately $151,000. Finally, Intrua Financial LLC grew its holdings in Invesco DB US Dollar Index Bullish Fund by 1,451.0% in the 4th quarter. Intrua Financial LLC now owns 253,375 shares of the exchange traded fund’s stock worth $6,849,000 after buying an additional 237,039 shares in the last quarter.

Invesco DB US Dollar Index Bullish Fund Stock Up 0.5%

Shares of Invesco DB US Dollar Index Bullish Fund stock traded up $0.15 on Friday, reaching $27.77. 1,851,102 shares of the company were exchanged, compared to its average volume of 2,227,938. The company’s 50-day moving average is $27.57 and its two-hundred day moving average is $27.54. Invesco DB US Dollar Index Bullish Fund has a 1-year low of $26.40 and a 1-year high of $28.45.

Invesco DB US Dollar Index Bullish Fund Company Profile

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket.