Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Shares Down 0.2% – Here’s Why

Shares of Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) were down 0.2% during trading on Tuesday . The stock traded as low as $18.30 and last traded at $18.32. Approximately 61,508 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 50,633 shares. The stock had previously closed at $18.36.

Invesco DB US Dollar Index Bearish Fund Stock Up 0.4 %

The company’s fifty day moving average price is $18.72 and its two-hundred day moving average price is $18.28.

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

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

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).