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

Posted by Adam Masters on Oct 23rd, 2024

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN – Get Free Report) dropped 0.2% during trading on Tuesday . The stock traded as low as $18.30 and last traded at $18.32. Approximately 61,508 shares changed hands during trading, an increase of 21% from the average daily volume of 50,633 shares. The stock had previously closed at $18.36.

Invesco DB US Dollar Index Bearish Fund Stock Performance

The company’s 50-day moving average is $18.72 and its 200-day moving average is $18.28.

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

An institutional investor recently raised its position in Invesco DB US Dollar Index Bearish Fund stock. Northeast Financial Group Inc. raised its position in Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN – Free Report) by 19.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 101,336 shares of the company’s stock after acquiring an additional 16,724 shares during the period. Invesco DB US Dollar Index Bearish Fund makes up 0.8% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 26th largest holding. Northeast Financial Group Inc. owned 3.12% of Invesco DB US Dollar Index Bearish Fund worth $1,823,000 at the end of the most recent quarter.

Invesco DB US Dollar Index Bearish Fund Company Profile

(Get Free Report)

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).