Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Shares Down 0.1% – Time to Sell?

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) shares 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 changed 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 stock has a fifty day moving average price of $18.18 and a two-hundred day moving average price of $18.33.

Institutional Investors Weigh In On Invesco DB US Dollar Index Bearish Fund

Institutional investors have recently made changes to their positions in the company. Bull Harbor Capital LLC bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 1st quarter valued at approximately $359,000. Lido Advisors LLC increased its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 104.7% in the 1st quarter. Lido Advisors LLC now owns 21,818 shares of the company’s stock valued at $393,000 after acquiring an additional 11,161 shares during the last quarter. Maltin Wealth Management Inc. bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 1st quarter valued at approximately $269,000. Kestra Advisory Services LLC bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 4th quarter valued at approximately $88,000. Finally, L1 Global Manager Pty Ltd bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the 4th quarter valued at approximately $2,006,000.

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.