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 September. As of September 15th, there was short interest totaling 7,456,289 shares, a growth of 414.9% from the August 31st total of 1,448,104 shares. Approximately 53.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,545,127 shares, the short-interest ratio is presently 4.8 days.

Institutional Investors Weigh In On Invesco DB US Dollar Index Bullish Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Empowered Funds LLC bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund in the 1st quarter worth approximately $13,602,000. Bank of America Corp DE raised its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 13.6% during the first quarter. Bank of America Corp DE now owns 270,479 shares of the exchange traded fund’s stock valued at $7,514,000 after acquiring an additional 32,366 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 34.5% during the first quarter. Cetera Investment Advisers now owns 144,023 shares of the exchange traded fund’s stock valued at $4,001,000 after acquiring an additional 36,909 shares in the last quarter. Pettinga Financial Advisors LLC lifted its stake in Invesco DB US Dollar Index Bullish Fund by 20.1% in the second quarter. Pettinga Financial Advisors LLC now owns 137,690 shares of the exchange traded fund’s stock worth $3,912,000 after acquiring an additional 23,015 shares during the period. Finally, Money Concepts Capital Corp purchased a new stake in Invesco DB US Dollar Index Bullish Fund in the first quarter worth $1,841,000.

Invesco DB US Dollar Index Bullish Fund Price Performance

Invesco DB US Dollar Index Bullish Fund stock traded down $0.07 during trading hours on Friday, reaching $28.62. The stock had a trading volume of 1,143,444 shares, compared to its average volume of 2,064,649. Invesco DB US Dollar Index Bullish Fund has a 52 week low of $26.40 and a 52 week high of $28.74. The company has a fifty day simple moving average of $28.22 and a 200-day simple moving average of $27.97.

About Invesco DB US Dollar Index Bullish Fund

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.