Stock Traders Buy High Volume of Call Options on Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN)

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN – Get Rating) was the recipient of some unusual options trading activity on Thursday. Stock investors purchased 3,485 call options on the company. This represents an increase of 171% compared to the average daily volume of 1,285 call options.

Invesco DB US Dollar Index Bearish Fund Stock Performance

Invesco DB US Dollar Index Bearish Fund stock opened at $18.25 on Friday. Invesco DB US Dollar Index Bearish Fund has a fifty-two week low of $16.75 and a fifty-two week high of $19.78. The firm’s 50-day simple moving average is $18.55 and its 200 day simple moving average is $17.99.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Invesco DB US Dollar Index Bearish Fund by 56.3% in the first quarter. Bank of America Corp DE now owns 9,221 shares of the company’s stock valued at $181,000 after acquiring an additional 3,320 shares during the last quarter. Ancora Advisors LLC bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the first quarter valued at approximately $105,000. Captrust Financial Advisors bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the fourth quarter valued at approximately $202,000. UBS Group AG raised its position in shares of Invesco DB US Dollar Index Bearish Fund by 1,242.7% in the fourth quarter. UBS Group AG now owns 13,440 shares of the company’s stock valued at $249,000 after purchasing an additional 12,439 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Invesco DB US Dollar Index Bearish Fund in the third quarter valued at approximately $323,000.

About Invesco DB US Dollar Index Bearish Fund

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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).