Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Trading Down 0.5% – Time to Sell?

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) fell 0.5% during mid-day trading on Thursday . The stock traded as low as $17.97 and last traded at $17.97. 218,057 shares traded hands during trading, a decline of 18% from the average session volume of 265,689 shares. The stock had previously closed at $18.06.

Invesco DB US Dollar Index Bearish Fund Price Performance

The stock’s 50 day moving average price is $18.29 and its 200-day moving average price is $18.46.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Delos Wealth Advisors LLC purchased a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 2nd quarter worth approximately $42,000. Kestra Advisory Services LLC purchased a new stake in Invesco DB US Dollar Index Bearish Fund in the 4th quarter worth approximately $88,000. Comerica Bank purchased a new stake in Invesco DB US Dollar Index Bearish Fund during the first quarter worth $88,000. Lido Advisors LLC purchased a new stake in shares of Invesco DB US Dollar Index Bearish Fund during the 2nd quarter worth about $202,000. Finally, Raymond James Financial Inc. acquired a new stake in Invesco DB US Dollar Index Bearish Fund in the second quarter valued at approximately $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). 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.