Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Shares Down 0.3% – Here’s Why

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) was down 0.3% during trading on Monday. The stock traded as low as $17.73 and last traded at $17.76. Approximately 122,690 shares were traded during trading, a decline of 21% from the average daily volume of 155,305 shares. The stock had previously closed at $17.82.

Invesco DB US Dollar Index Bearish Fund Price Performance

The stock’s fifty day moving average price is $18.14 and its two-hundred day moving average price is $18.11.

Institutional Trading of Invesco DB US Dollar Index Bearish Fund

A number of institutional investors have recently bought and sold shares of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 14.1% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 76,428 shares of the company’s stock valued at $1,365,000 after acquiring an additional 9,423 shares during the last quarter. Lido Advisors LLC lifted its stake in Invesco DB US Dollar Index Bearish Fund by 104.7% during the first quarter. Lido Advisors LLC now owns 21,818 shares of the company’s stock worth $393,000 after purchasing an additional 11,161 shares during the last quarter. NewEdge Advisors LLC acquired a new position in Invesco DB US Dollar Index Bearish Fund in the first quarter valued at approximately $211,000. Maltin Wealth Management Inc. acquired a new position in Invesco DB US Dollar Index Bearish Fund in the first quarter valued at approximately $269,000. Finally, Bull Harbor Capital LLC acquired a new position in Invesco DB US Dollar Index Bearish Fund in the first quarter valued at approximately $359,000.

Invesco DB US Dollar Index Bearish Fund Company Profile

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.