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

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 2,120,000 shares, a growth of 36.8% from the May 15th total of 1,550,000 shares. Approximately 21.4% of the shares of the stock are short sold. Based on an average trading volume of 1,058,400 shares, the short-interest ratio is presently 2.0 days.

Invesco DB US Dollar Index Bullish Fund Trading Up 0.2%

Shares of NYSEARCA:UUP opened at $27.43 on Thursday. Invesco DB US Dollar Index Bullish Fund has a 52-week low of $26.99 and a 52-week high of $30.69. The firm has a fifty day moving average of $27.45 and a 200 day moving average of $28.60.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Luminist Capital LLC boosted its position in Invesco DB US Dollar Index Bullish Fund by 36.8% during the first quarter. Luminist Capital LLC now owns 1,464 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 394 shares during the period. Chapman Financial Group LLC purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at about $52,000. National Bank of Canada FI boosted its position in Invesco DB US Dollar Index Bullish Fund by 1,436.4% during the first quarter. National Bank of Canada FI now owns 1,813 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 1,695 shares during the period. GeoWealth Management LLC purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at about $84,000. Finally, Comerica Bank purchased a new stake in Invesco DB US Dollar Index Bullish Fund during the fourth quarter valued at about $192,000.

About Invesco DB US Dollar Index Bullish Fund

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.