Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Trading Down 0.2% – Should You Sell?

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN)’s share price traded down 0.2% during trading on Tuesday . The stock traded as low as $17.88 and last traded at $17.89. Approximately 82,624 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 193,710 shares. The stock had previously closed at $17.92.

Invesco DB US Dollar Index Bearish Fund Stock Performance

The company has a 50-day moving average of $18.11 and a two-hundred day moving average of $18.20.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of UDN. HighTower Advisors LLC boosted its position in shares of Invesco DB US Dollar Index Bearish Fund by 1.9% in the fourth quarter. HighTower Advisors LLC now owns 581,726 shares of the company’s stock worth $10,611,000 after acquiring an additional 10,877 shares during the last quarter. Bank of America Corp DE increased its position in Invesco DB US Dollar Index Bearish Fund by 31.8% during the third quarter. Bank of America Corp DE now owns 522,460 shares of the company’s stock worth $9,833,000 after purchasing an additional 125,986 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in Invesco DB US Dollar Index Bearish Fund by 5.9% during the third quarter. Jefferies Financial Group Inc. now owns 265,944 shares of the company’s stock worth $5,005,000 after purchasing an additional 14,887 shares during the period. GFS Advisors LLC acquired a new position in shares of Invesco DB US Dollar Index Bearish Fund in the 4th quarter valued at $2,918,000. Finally, UBS Group AG boosted its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 29.9% in the 4th quarter. UBS Group AG now owns 140,684 shares of the company’s stock valued at $2,566,000 after purchasing an additional 32,376 shares during the last quarter.

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.