WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Short Interest Up 80.6% in December

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 19,602 shares, an increase of 80.6% from the November 30th total of 10,855 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 348,688 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 348,688 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in USDU. AE Wealth Management LLC boosted its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 147.1% in the third quarter. AE Wealth Management LLC now owns 1,680 shares of the company’s stock worth $44,000 after acquiring an additional 1,000 shares in the last quarter. Cowa LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the third quarter valued at about $299,000. WBI Investments LLC purchased a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter valued at approximately $326,000. Belpointe Asset Management LLC acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 2nd quarter worth approximately $445,000. Finally, Heritage Oak Wealth Advisors LLC acquired a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 2nd quarter worth approximately $457,000.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Down 3.7%

Shares of USDU stock opened at $25.68 on Friday. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12-month low of $25.65 and a 12-month high of $28.24. The business’s fifty day simple moving average is $26.87 and its 200-day simple moving average is $26.47.

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.