WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 33,062 shares, an increase of 325.6% from the June 15th total of 7,768 shares. Based on an average daily trading volume, of 371,948 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are short sold.
WisdomTree Bloomberg U.S. Dollar Bullish Fund Trading Down 0.1%
Shares of NYSEARCA USDU traded down $0.02 during trading hours on Friday, hitting $26.68. 316,304 shares of the stock were exchanged, compared to its average volume of 498,250. The firm has a fifty day moving average price of $26.36 and a 200-day moving average price of $26.07. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 12 month low of $25.14 and a 12 month high of $27.25.
Hedge Funds Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund
Several institutional investors and hedge funds have recently bought and sold shares of the company. Assetmark Inc. boosted its position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund by 5,639.0% in the 1st 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. GenWealth Group Inc. increased its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 2.9% during the 2nd quarter. GenWealth Group Inc. now owns 781,534 shares of the company’s stock valued at $20,906,000 after buying an additional 22,302 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the 4th quarter valued at about $15,045,000. Osborne Partners Capital Management LLC raised its stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 3.4% in the first 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 last quarter. Finally, Empowered Funds LLC purchased a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund in the first quarter valued at about $13,494,000.
WisdomTree Bloomberg U.S. Dollar Bullish Fund Company Profile
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.
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