Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Shares Down 0.2% – What’s Next?

Shares of Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) dropped 0.2% during mid-day trading on Tuesday . The company traded as low as $18.24 and last traded at $18.25. Approximately 130,635 shares changed hands during trading, a decline of 31% from the average daily volume of 188,135 shares. The stock had previously closed at $18.29.

Invesco DB US Dollar Index Bearish Fund Trading Down 0.2%

The company has a fifty day moving average of $18.52 and a 200-day moving average of $18.64.

Institutional Inflows and Outflows

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

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). 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.