Short Interest in Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Grows By 20.0%

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 3,180,000 shares, a growth of 20.0% from the August 15th total of 2,650,000 shares. Based on an average trading volume of 1,242,200 shares, the short-interest ratio is presently 2.6 days. Currently, 43.0% of the shares of the stock are short sold. Currently, 43.0% of the shares of the stock are short sold. Based on an average trading volume of 1,242,200 shares, the short-interest ratio is presently 2.6 days.

Invesco DB US Dollar Index Bullish Fund Trading Up 0.3%

Shares of Invesco DB US Dollar Index Bullish Fund stock opened at $27.43 on Friday. The business has a 50-day moving average price of $27.41 and a two-hundred day moving average price of $27.58. Invesco DB US Dollar Index Bullish Fund has a 1-year low of $26.81 and a 1-year high of $30.69.

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

Hedge funds have recently modified their holdings of the company. Avantax Advisory Services Inc. lifted its position in shares of Invesco DB US Dollar Index Bullish Fund by 18.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 11,984 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 1,904 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 57.1% in the 1st quarter. Cetera Investment Advisers now owns 95,671 shares of the exchange traded fund’s stock worth $2,730,000 after purchasing an additional 34,769 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 285.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 103,261 shares of the exchange traded fund’s stock worth $2,947,000 after purchasing an additional 76,498 shares during the period. Drive Wealth Management LLC raised its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 22.9% in the 1st quarter. Drive Wealth Management LLC now owns 10,963 shares of the exchange traded fund’s stock worth $313,000 after purchasing an additional 2,042 shares during the period. Finally, Csenge Advisory Group bought a new stake in shares of Invesco DB US Dollar Index Bullish Fund in the 1st quarter worth approximately $371,000.

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.