Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Trading 0.1% Higher – Here’s Why

Shares of Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) shot up 0.1% on Thursday . The company traded as high as $16.70 and last traded at $16.69. 214,856 shares changed hands during mid-day trading, an increase of 139% from the average session volume of 89,756 shares. The stock had previously closed at $16.67.

Invesco DB US Dollar Index Bearish Fund Stock Up 0.1 %

The firm has a 50 day moving average price of $17.44 and a 200-day moving average price of $18.13.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco DB US Dollar Index Bearish Fund stock. Capasso Planning Partners LLC purchased a new stake in Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 40,852 shares of the company’s stock, valued at approximately $774,000. Capasso Planning Partners LLC owned about 1.30% of Invesco DB US Dollar Index Bearish Fund at the end of the most recent reporting period.

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).