Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Shares Down 0.1% – What’s Next?

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN)’s share price dropped 0.1% during mid-day trading on Thursday . The company traded as low as $18.13 and last traded at $18.18. Approximately 99,434 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 223,762 shares. The stock had previously closed at $18.20.

Invesco DB US Dollar Index Bearish Fund Price Performance

The business’s fifty day moving average price is $18.18 and its 200-day moving average price is $18.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Comerica Bank bought a new position in Invesco DB US Dollar Index Bearish Fund during the 1st quarter worth approximately $88,000. Creative Planning bought a new position in shares of Invesco DB US Dollar Index Bearish Fund in the second quarter worth approximately $373,000. Raymond James Financial Inc. bought a new position in shares of Invesco DB US Dollar Index Bearish Fund in the second quarter worth approximately $214,000. Bank of America Corp DE grew its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 274.4% in the second quarter. Bank of America Corp DE now owns 396,474 shares of the company’s stock worth $7,497,000 after purchasing an additional 290,591 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 35,327.0% in the second quarter. Osaic Holdings Inc. now owns 35,427 shares of the company’s stock worth $670,000 after purchasing an additional 35,327 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.