Invesco DB US Dollar Index Bearish Fund Target of Unusually High Options Trading (NYSEARCA:UDN)

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) was the recipient of unusually large options trading on Friday. Traders acquired 4,279 call options on the stock. This represents an increase of approximately 537% compared to the typical volume of 672 call options.

Invesco DB US Dollar Index Bearish Fund Stock Performance

UDN stock opened at $17.53 on Friday. Invesco DB US Dollar Index Bearish Fund has a 1-year low of $16.49 and a 1-year high of $19.04. The business has a fifty day moving average price of $17.09 and a 200-day moving average price of $17.73.

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

Several hedge funds and other institutional investors have recently modified their holdings of the business. Delos Wealth Advisors LLC raised its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 2.6% in the third quarter. Delos Wealth Advisors LLC now owns 50,626 shares of the company’s stock worth $959,000 after buying an additional 1,272 shares during the period. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Invesco DB US Dollar Index Bearish Fund by 234.1% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 48,100 shares of the company’s stock worth $804,000 after buying an additional 33,702 shares during the period. Capasso Planning Partners LLC purchased a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the third quarter worth approximately $774,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the fourth quarter worth approximately $271,000.

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).