Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Short Interest Update

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,346,508 shares, a drop of 78.6% from the July 30th total of 6,306,126 shares. Currently, 8.9% of the company’s shares are sold short. Based on an average daily trading volume, of 1,860,342 shares, the short-interest ratio is presently 0.7 days.

Invesco DB US Dollar Index Bullish Fund Trading Up 0.6%

Shares of UUP stock traded up $0.16 on Friday, reaching $28.18. 1,452,699 shares of the stock were exchanged, compared to its average volume of 2,113,201. Invesco DB US Dollar Index Bullish Fund has a one year low of $26.40 and a one year high of $28.60. The stock has a 50 day moving average price of $28.28 and a 200 day moving average price of $27.80.

Hedge Funds Weigh In On Invesco DB US Dollar Index Bullish Fund

Large investors have recently bought and sold shares of the business. National Bank of Canada FI raised its position in shares of Invesco DB US Dollar Index Bullish Fund by 809.9% during the 3rd quarter. National Bank of Canada FI now owns 1,283 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 1,142 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Invesco DB US Dollar Index Bullish Fund by 9.2% during the third quarter. Raymond James Financial Inc. now owns 15,246 shares of the exchange traded fund’s stock worth $419,000 after purchasing an additional 1,286 shares during the period. Focus Partners Wealth grew its stake in shares of Invesco DB US Dollar Index Bullish Fund by 5.8% during the third quarter. Focus Partners Wealth now owns 36,420 shares of the exchange traded fund’s stock worth $1,002,000 after purchasing an additional 2,006 shares during the period. Western Wealth Management LLC bought a new stake in Invesco DB US Dollar Index Bullish Fund in the first quarter valued at about $61,000. Finally, Geneos Wealth Management Inc. bought a new stake in Invesco DB US Dollar Index Bullish Fund in the first quarter valued at about $71,000.

Invesco DB US Dollar Index Bullish Fund Company Profile

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.