WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) Short Interest Up 80.6% in December

WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 19,602 shares, an increase of 80.6% from the November 30th total of 10,855 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 348,688 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 348,688 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the company’s stock are short sold.

WisdomTree Bloomberg U.S. Dollar Bullish Fund Stock Performance

WisdomTree Bloomberg U.S. Dollar Bullish Fund stock opened at $25.68 on Friday. The business has a fifty day moving average of $26.87 and a two-hundred day moving average of $26.47. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a twelve month low of $25.65 and a twelve month high of $28.24.

Institutional Investors Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. GenWealth Group Inc. grew its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 8.2% in the third quarter. GenWealth Group Inc. now owns 638,295 shares of the company’s stock valued at $16,845,000 after purchasing an additional 48,355 shares during the last quarter. McElhenny Sheffield Capital Management LLC bought a new stake in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 2nd quarter valued at about $13,379,000. Osborne Partners Capital Management LLC boosted its holdings in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 6.8% in the 3rd quarter. Osborne Partners Capital Management LLC now owns 512,305 shares of the company’s stock valued at $13,520,000 after buying an additional 32,550 shares in the last quarter. Vident Advisory LLC grew its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 741.4% in the 1st quarter. Vident Advisory LLC now owns 342,381 shares of the company’s stock worth $9,333,000 after buying an additional 301,691 shares during the last quarter. Finally, Trek Financial LLC bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 3rd quarter worth approximately $8,543,000.

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.