Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Trading Down 0.2% – Time to Sell?

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN)’s share price fell 0.2% during trading on Thursday . The stock traded as low as $18.32 and last traded at $18.33. 57,155 shares were traded during trading, a decline of 76% from the average session volume of 241,170 shares. The stock had previously closed at $18.37.

Invesco DB US Dollar Index Bearish Fund Stock Performance

The firm’s fifty day moving average price is $18.22 and its 200 day moving average price is $18.38.

Institutional Trading of Invesco DB US Dollar Index Bearish Fund

Several large investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new stake in Invesco DB US Dollar Index Bearish Fund during the fourth quarter worth about $88,000. L1 Global Manager Pty Ltd bought a new stake in Invesco DB US Dollar Index Bearish Fund during the fourth quarter worth about $2,006,000. Steward Partners Investment Advisory LLC bought a new stake in Invesco DB US Dollar Index Bearish Fund during the fourth quarter worth about $371,000. GFS Advisors LLC bought a new stake in Invesco DB US Dollar Index Bearish Fund during the fourth quarter worth about $2,918,000. Finally, HighTower Advisors LLC grew its stake in shares of Invesco DB US Dollar Index Bearish Fund by 1.9% during the fourth quarter. HighTower Advisors LLC now owns 581,726 shares of the company’s stock valued at $10,611,000 after purchasing an additional 10,877 shares during the last quarter.

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.