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

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 13,148 shares, a decrease of 60.2% from the June 30th total of 33,062 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 378,103 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

Hedge funds have recently bought and sold shares of the business. Assetmark Inc. increased its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 5,639.0% in the first quarter. Assetmark Inc. now owns 3,129,395 shares of the company’s stock valued at $82,397,000 after buying an additional 3,074,866 shares in the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter valued at approximately $15,045,000. Empowered Funds LLC acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter valued at $13,494,000. Advyzon Investment Management LLC grew its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 308.0% in the 4th quarter. Advyzon Investment Management LLC now owns 404,396 shares of the company’s stock valued at $10,433,000 after acquiring an additional 305,287 shares during the period. Finally, Ausdal Financial Partners Inc. increased its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 191.5% in the 4th quarter. Ausdal Financial Partners Inc. now owns 378,246 shares of the company’s stock worth $9,759,000 after acquiring an additional 248,501 shares in the last quarter.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Down 0.1%

Shares of USDU stock traded down $0.04 during mid-day trading on Tuesday, hitting $26.78. 158,354 shares of the stock were exchanged, compared to its average volume of 471,641. The firm has a fifty day moving average of $26.54 and a 200 day moving average of $26.13. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 52-week low of $25.14 and a 52-week high of $27.25.

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.