WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Stock Short Interest Report for October

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) was the target of a significant decline in short interest in October. As of October 30th, there was short interest totaling 37,373 shares, a decline of 74.9% from the October 15th total of 149,004 shares. Based on an average daily trading volume, of 261,744 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.3% of the shares of the stock are sold short.

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

A number of large investors have recently modified their holdings of the business. Assetmark Inc. grew 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 in the last quarter. Envestnet Asset Management Inc. increased its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 313.4% in the second quarter. Envestnet Asset Management Inc. now owns 827,284 shares of the company’s stock worth $22,130,000 after purchasing an additional 627,168 shares during the last quarter. GenWealth Group Inc. increased its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 2.9% in the second quarter. GenWealth Group Inc. now owns 781,534 shares of the company’s stock worth $20,906,000 after purchasing an additional 22,302 shares during the last quarter. Empowered Funds LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter worth approximately $13,494,000. Finally, Encompass More Asset Management increased its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 198.4% in the third quarter. Encompass More Asset Management now owns 385,629 shares of the company’s stock worth $10,400,000 after purchasing an additional 256,403 shares during the last quarter.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Performance

Shares of NYSEARCA USDU opened at $27.40 on Thursday. The stock’s 50-day simple moving average is $26.89 and its two-hundred day simple moving average is $26.36. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a twelve month low of $25.14 and a twelve month high of $27.41.

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.