Short Interest in Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Decreases By 78.6%

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,346,508 shares, a decline of 78.6% from the July 30th total of 6,306,126 shares. Approximately 8.9% of the company’s stock are sold short. Based on an average daily volume of 1,860,342 shares, the short-interest ratio is currently 0.7 days.

Invesco DB US Dollar Index Bullish Fund Price Performance

Shares of NYSEARCA UUP opened at $27.94 on Wednesday. The stock’s 50-day simple moving average is $28.29 and its 200-day simple moving average is $27.79. Invesco DB US Dollar Index Bullish Fund has a fifty-two week low of $26.40 and a fifty-two week high of $28.60.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. National Bank of Canada FI lifted its position in Invesco DB US Dollar Index Bullish Fund by 809.9% during the 3rd quarter. National Bank of Canada FI now owns 1,283 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 1,142 shares during the period. Western Wealth Management LLC purchased a new stake in shares of Invesco DB US Dollar Index Bullish Fund in the first quarter valued at approximately $61,000. Geneos Wealth Management Inc. acquired a new position in Invesco DB US Dollar Index Bullish Fund during the first quarter worth $71,000. Tucker Asset Management LLC acquired a new position in Invesco DB US Dollar Index Bullish Fund during the fourth quarter worth $151,000. Finally, Advisory Services Network LLC purchased a new position in Invesco DB US Dollar Index Bullish Fund in the third quarter worth $176,000.

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. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket.