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

Invesco DB US Dollar Index Bearish Fund (NYSEARCA:UDN) was the target of some unusual options trading on Tuesday. Investors bought 4,046 call options on the stock. This is an increase of approximately 1,145% compared to the average volume of 325 call options.

Invesco DB US Dollar Index Bearish Fund Stock Performance

Shares of NYSEARCA UDN traded up $0.01 during mid-day trading on Tuesday, reaching $18.32. 2,502 shares of the company’s stock were exchanged, compared to its average volume of 167,399. The company’s 50-day moving average is $18.00 and its 200-day moving average is $18.14. Invesco DB US Dollar Index Bearish Fund has a 52-week low of $17.75 and a 52-week high of $19.10.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC raised its stake in shares of Invesco DB US Dollar Index Bearish Fund by 1.9% in the 4th quarter. HighTower Advisors LLC now owns 581,726 shares of the company’s stock valued at $10,611,000 after acquiring an additional 10,877 shares during the period. Bank of America Corp DE boosted its position in shares of Invesco DB US Dollar Index Bearish Fund by 31.8% during the 3rd quarter. Bank of America Corp DE now owns 522,460 shares of the company’s stock worth $9,833,000 after purchasing an additional 125,986 shares during the period. GFS Advisors LLC acquired a new stake in Invesco DB US Dollar Index Bearish Fund in the 4th quarter valued at approximately $2,918,000. UBS Group AG increased its holdings in Invesco DB US Dollar Index Bearish Fund by 29.9% in the 4th quarter. UBS Group AG now owns 140,684 shares of the company’s stock valued at $2,566,000 after purchasing an additional 32,376 shares during the last quarter. Finally, L1 Global Manager Pty Ltd purchased a new stake in Invesco DB US Dollar Index Bearish Fund in the fourth quarter valued at approximately $2,006,000.

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). 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.