WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Shares Shorted: Short Interest Down 48.9% in September

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 18,911 shares, a drop of 48.9% from the September 15th total of 37,006 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 308,034 shares, the short-interest ratio is presently 0.1 days.

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

Shares of USDU stock traded down $0.04 during trading hours on Thursday, reaching $27.15. 405,005 shares of the stock traded hands, compared to its average volume of 459,026. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 1-year low of $25.14 and a 1-year high of $27.29. The business has a fifty day moving average price of $26.59 and a 200 day moving average price of $26.43.

Institutional Trading of WisdomTree Bloomberg U.S. Dollar Bullish Fund

Several large investors have recently added to or reduced their stakes in USDU. Assetmark Inc. boosted its holdings 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 worth $82,397,000 after purchasing an additional 3,074,866 shares during the period. Envestnet Asset Management Inc. grew its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 313.4% during the second quarter. Envestnet Asset Management Inc. now owns 827,284 shares of the company’s stock valued at $22,130,000 after purchasing an additional 627,168 shares in the last quarter. GenWealth Group Inc. grew its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 2.9% during the second quarter. GenWealth Group Inc. now owns 781,534 shares of the company’s stock valued at $20,906,000 after purchasing an additional 22,302 shares in the last quarter. Osborne Partners Capital Management LLC increased its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 3.4% in the 1st quarter. Osborne Partners Capital Management LLC now owns 530,739 shares of the company’s stock valued at $13,974,000 after buying an additional 17,496 shares during the period. Finally, Empowered Funds LLC acquired a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter valued at approximately $13,494,000.

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.