Short Interest in WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Decreases By 92.3%

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 6,230 shares, a decrease of 92.3% from the April 15th total of 81,405 shares. Based on an average daily trading volume, of 244,363 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Performance

Shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund stock traded up $0.06 during mid-day trading on Monday, hitting $25.87. The stock had a trading volume of 228,647 shares, compared to its average volume of 559,840. The firm has a 50-day moving average of $26.05 and a two-hundred day moving average of $26.22. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12-month low of $25.14 and a 12-month high of $27.25.

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

Large investors have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC lifted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 154.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 956 shares of the company’s stock worth $25,000 after acquiring an additional 580 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter worth approximately $36,000. AE Wealth Management LLC lifted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 147.1% in the 3rd 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 during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 4th quarter worth approximately $46,000. Finally, Tucker Asset Management LLC acquired a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 4th quarter worth approximately $68,000.

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.