Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) Stock Short Interest Jumps 61.3%

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 205,214 shares, an increase of 61.3% from the September 15th total of 127,215 shares. Approximately 3.6% of the company’s stock are sold short. Based on an average trading volume of 57,584 shares, the short-interest ratio is currently 3.6 days.

Invesco DB US Dollar Index Bearish Fund Trading Up 0.4%

NYSEARCA UDN traded up $0.07 on Friday, reaching $17.88. The company 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 52-week low of $17.64 and a 52-week high of $18.85. The company’s fifty day moving average is $18.09 and its 200 day moving average is $18.09.

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

Several institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC bought a new stake in Invesco DB US Dollar Index Bearish Fund during the first quarter worth $211,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in 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 worth $1,365,000 after purchasing an additional 9,423 shares during the last quarter. Lido Advisors LLC boosted its position in Invesco DB US Dollar Index Bearish Fund by 104.7% in the first quarter. Lido Advisors LLC now owns 21,818 shares of the company’s stock worth $393,000 after purchasing an additional 11,161 shares during the last quarter. Bull Harbor Capital LLC bought a new position in Invesco DB US Dollar Index Bearish Fund in the 1st quarter valued at $359,000. Finally, Maltin Wealth Management Inc. bought a new position in Invesco DB US Dollar Index Bearish Fund in the 1st quarter valued at $269,000.

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.