Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) Short Interest Down 27.3% in March

Invesco DB US Dollar Index Bullish Fund (NYSEARCA:UUP) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totaling 2,199,128 shares, a drop of 27.3% from the March 15th total of 3,024,503 shares. Approximately 11.0% of the shares of the stock are short sold. Based on an average daily volume of 3,800,954 shares, the short-interest ratio is presently 0.6 days.

Invesco DB US Dollar Index Bullish Fund Trading Down 0.1%

Shares of Invesco DB US Dollar Index Bullish Fund stock traded down $0.03 during trading on Wednesday, reaching $27.30. 1,416,781 shares of the stock traded hands, compared to its average volume of 2,353,227. The business has a fifty day simple moving average of $27.40 and a two-hundred day simple moving average of $27.58. Invesco DB US Dollar Index Bullish Fund has a 52-week low of $26.40 and a 52-week high of $28.45.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 104.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,782 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 368,650 shares during the last quarter. Intrua Financial LLC lifted its holdings in shares of Invesco DB US Dollar Index Bullish Fund by 1,451.0% in the 4th quarter. Intrua Financial LLC now owns 253,375 shares of the exchange traded fund’s stock valued at $6,849,000 after acquiring an additional 237,039 shares during the last quarter. Raffles Associates LP bought a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 2nd quarter valued at about $4,301,000. Jefferies Financial Group Inc. bought a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 4th quarter valued at about $4,190,000. Finally, Baird Financial Group Inc. bought a new position in shares of Invesco DB US Dollar Index Bullish Fund in the 2nd quarter valued at about $3,246,000.

Invesco DB US Dollar Index Bullish Fund Company Profile

PowerShares DB US Dollar Index Bullish Fund (the Fund) is a separate series of PowerShares DB US Dollar Index Trust (the Trust). The Fund establishes long positions in certain futures contracts (the DX Contracts) with a view to tracking the changcBank Long US Dollar Index (USDX) Futures Index Excess Return (the Index), over time. The Fund seeks to track the Index by establishing long positions in DX Contracts accordingly. The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket.