WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 18,911 shares, a decline of 48.9% from the September 15th total of 37,006 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 308,034 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund
Several large investors have recently modified their holdings of the stock. Assetmark Inc. boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 5,639.0% during 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 during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 313.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 827,284 shares of the company’s stock valued at $22,130,000 after acquiring an additional 627,168 shares during the last quarter. GenWealth Group Inc. boosted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 2.9% during the 2nd quarter. GenWealth Group Inc. now owns 781,534 shares of the company’s stock valued at $20,906,000 after acquiring an additional 22,302 shares during the last quarter. Osborne Partners Capital Management LLC boosted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 3.4% during the 1st quarter. Osborne Partners Capital Management LLC now owns 530,739 shares of the company’s stock valued at $13,974,000 after acquiring an additional 17,496 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter worth approximately $13,494,000.
WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Up 0.3%
WisdomTree Bloomberg U.S. Dollar Bullish Fund stock traded up $0.07 during mid-day trading on Wednesday, hitting $27.23. The company had a trading volume of 79,384 shares, compared to its average volume of 458,588. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12 month low of $25.14 and a 12 month high of $27.29. The stock’s 50 day moving average price is $26.56 and its two-hundred day moving average price is $26.42.
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.
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