Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Trading 0.1% Higher – What’s Next?

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN)’s stock price rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $17.88 and last traded at $17.83. 48,064 shares were traded during trading, a decline of 73% from the average session volume of 179,262 shares. The stock had previously closed at $17.82.

Invesco DB US Dollar Index Bearish Fund Stock Performance

The business has a 50 day moving average price of $17.98 and a 200 day moving average price of $18.16.

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

A number of large investors have recently bought and sold shares of the business. Comerica Bank bought a new position in Invesco DB US Dollar Index Bearish Fund in the 1st quarter valued at $88,000. Kestra Advisory Services LLC bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund during the fourth quarter worth $88,000. NewEdge Advisors LLC purchased a new stake in shares of Invesco DB US Dollar Index Bearish Fund during the first quarter valued at $211,000. Raymond James Financial Inc. bought a new position in shares of Invesco DB US Dollar Index Bearish Fund in the second quarter worth about $214,000. Finally, Maltin Wealth Management Inc. bought a new position in shares of Invesco DB US Dollar Index Bearish Fund in the first quarter worth about $269,000.

About Invesco DB US Dollar Index Bearish Fund

PowerShares DB US Dollar Index Bearish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund’s subsidiary is DB US Dollar Index Bearish Master Fund (the Master Fund), which is a separate series of DB US Dollar Index Bearish Master Trust (the Master Trust). The Fund offers common units of beneficial interest only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket. The proceeds from the offering of Shares are invested in the Master Fund.