Investors 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) saw some unusual options trading on Thursday. Stock traders bought 6,035 call options on the company. This represents an increase of 719% compared to the typical volume of 737 call options.

Invesco DB US Dollar Index Bearish Fund Stock Up 2.1 %

Shares of Invesco DB US Dollar Index Bearish Fund stock opened at $18.11 on Friday. The company has a 50 day moving average price of $17.38 and a 200 day moving average price of $17.60. Invesco DB US Dollar Index Bearish Fund has a 52 week low of $16.49 and a 52 week high of $19.04.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of UDN. Capasso Planning Partners LLC purchased a new stake in shares of Invesco DB US Dollar Index Bearish Fund during the third quarter valued at $774,000. Pine Valley Investments Ltd Liability Co lifted its position in Invesco DB US Dollar Index Bearish Fund by 234.1% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 48,100 shares of the company’s stock worth $804,000 after acquiring an additional 33,702 shares during the period. Parallel Advisors LLC acquired a new stake in Invesco DB US Dollar Index Bearish Fund during the 1st quarter worth about $314,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in Invesco DB US Dollar Index Bearish Fund during the 4th quarter valued at about $271,000.

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).