Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Stock Price Down 0.5% – Here’s Why

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) dropped 0.5% during mid-day trading on Tuesday . The company traded as low as $17.95 and last traded at $17.99. Approximately 87,178 shares were traded during trading, an increase of 57% from the average daily volume of 55,490 shares. The stock had previously closed at $18.08.

Invesco DB US Dollar Index Bearish Fund Stock Down 0.4 %

The company’s fifty day simple moving average is $18.57 and its two-hundred day simple moving average is $18.32.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco DB US Dollar Index Bearish Fund stock. Delos Wealth Advisors LLC purchased a new position in shares of Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 63,107 shares of the company’s stock, valued at approximately $1,135,000. Delos Wealth Advisors LLC owned 2.00% of Invesco DB US Dollar Index Bearish Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

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).