WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEARCA:USDU – Get Free Report) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 7,376 shares, a growth of 118.5% from the July 30th total of 3,375 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 724,384 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Investors Weigh In On WisdomTree Bloomberg U.S. Dollar Bullish Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Assetmark Inc. increased its holdings in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 5,639.0% during the 1st quarter. Assetmark Inc. now owns 3,129,395 shares of the company’s stock valued at $82,397,000 after purchasing an additional 3,074,866 shares during the period. Kaizen Financial Strategies bought a new position in shares of WisdomTree Bloomberg U.S. Dollar Bullish Fund in the 1st quarter worth about $207,000. Osborne Partners Capital Management LLC lifted its position in WisdomTree Bloomberg U.S. Dollar Bullish Fund by 3.4% during the 1st quarter. Osborne Partners Capital Management LLC now owns 530,739 shares of the company’s stock valued at $13,974,000 after acquiring an additional 17,496 shares during the period. PFG Investments LLC bought a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the first quarter worth about $227,000. Finally, Legacy Wealth Partners LLC bought a new stake in WisdomTree Bloomberg U.S. Dollar Bullish Fund during the first quarter worth about $1,872,000.
WisdomTree Bloomberg U.S. Dollar Bullish Fund Price Performance
NYSEARCA USDU traded up $0.08 during trading hours on Friday, hitting $26.38. The company’s stock had a trading volume of 433,455 shares, compared to its average volume of 481,797. The company’s 50-day simple moving average is $26.57 and its two-hundred day simple moving average is $26.23. WisdomTree Bloomberg U.S. Dollar Bullish Fund has a 52 week low of $25.14 and a 52 week high of $27.25.
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.
See Also
- Five stocks we like better than WisdomTree Bloomberg U.S. Dollar Bullish Fund
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for WisdomTree Bloomberg U.S. Dollar Bullish Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Bloomberg U.S. Dollar Bullish Fund and related companies with MarketBeat.com's FREE daily email newsletter.
