Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Stock Price Up 0.2% – Here’s Why

Shares of Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) rose 0.2% on Friday . The stock traded as high as $18.65 and last traded at $18.64. Approximately 119,721 shares traded hands during trading, a decline of 38% from the average daily volume of 191,608 shares. The stock had previously closed at $18.61.

Invesco DB US Dollar Index Bearish Fund Price Performance

The firm’s 50 day moving average price is $18.56 and its two-hundred day moving average price is $18.63.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Delos Wealth Advisors LLC purchased a new stake in shares of Invesco DB US Dollar Index Bearish Fund during the second quarter valued at approximately $42,000. Comerica Bank bought a new stake in Invesco DB US Dollar Index Bearish Fund in the 1st quarter worth approximately $88,000. Pacific Center for Financial Services purchased a new stake in Invesco DB US Dollar Index Bearish Fund during the first quarter valued at approximately $94,000. Lido Advisors LLC bought a new stake in Invesco DB US Dollar Index Bearish Fund in the second quarter worth $202,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 2nd quarter worth about $214,000.

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).