Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Trading Down 0.5% – Time to Sell?

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) shares fell 0.5% during trading on Tuesday . The stock traded as low as $17.95 and last traded at $17.99. 87,178 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 55,490 shares. The stock had previously closed at $18.08.

Invesco DB US Dollar Index Bearish Fund Stock Performance

The stock has a fifty day simple moving average of $18.57 and a 200-day simple moving average of $18.32.

Hedge Funds Weigh In On Invesco DB US Dollar Index Bearish Fund

A hedge fund recently bought a new stake in Invesco DB US Dollar Index Bearish Fund stock. Delos Wealth Advisors LLC acquired a new stake in Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 63,107 shares of the company’s stock, valued at approximately $1,135,000. Delos Wealth Advisors LLC owned 2.00% of Invesco DB US Dollar Index Bearish Fund as of its most recent SEC filing.

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).