Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 205,214 shares, a growth of 61.3% from the September 15th total of 127,215 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily volume of 57,584 shares, the days-to-cover ratio is currently 3.6 days.
Institutional Trading of Invesco DB US Dollar Index Bearish Fund
Large investors have recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Invesco DB US Dollar Index Bearish Fund by 14.1% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 76,428 shares of the company’s stock valued at $1,365,000 after buying an additional 9,423 shares during the period. Lido Advisors LLC lifted its holdings in Invesco DB US Dollar Index Bearish Fund by 104.7% during the first quarter. Lido Advisors LLC now owns 21,818 shares of the company’s stock valued at $393,000 after purchasing an additional 11,161 shares during the last quarter. Bull Harbor Capital LLC purchased a new position in shares of Invesco DB US Dollar Index Bearish Fund in the first quarter valued at $359,000. Maltin Wealth Management Inc. bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund during the 1st quarter valued at $269,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund during the 1st quarter valued at $211,000.
Invesco DB US Dollar Index Bearish Fund Price Performance
Invesco DB US Dollar Index Bearish Fund stock traded up $0.07 during trading on Friday, hitting $17.88. The stock had a trading volume of 19,865 shares, compared to its average volume of 151,948. Invesco DB US Dollar Index Bearish Fund has a 1 year low of $17.64 and a 1 year high of $18.85. The stock’s 50 day moving average is $18.09 and its two-hundred day moving average is $18.09.
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.
Featured Articles
- Five stocks we like better than Invesco DB US Dollar Index Bearish Fund
- Morgan Stanley Beats on Earnings, But Shares Fall on Trading Mix
- RTX Locks In a Decade of Defense Dominance
- Okeanis Riding Record Profits as Uncertainty Grows
- Securitize’s Blockchain Ambitions Face a Reality Check
Receive News & Ratings for Invesco DB US Dollar Index Bearish Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB US Dollar Index Bearish Fund and related companies with MarketBeat.com's FREE daily email newsletter.
