Invesco DB Energy Fund (NYSEARCA:DBE) Short Interest Update

by · The Markets Daily

Invesco DB Energy Fund (NYSEARCA:DBE – Get Free Report) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 154,931 shares, a growth of 2,077.5% from the November 30th total of 7,115 shares. Approximately 6.2% of the company’s stock are short sold. Based on an average daily trading volume, of 21,778 shares, the days-to-cover ratio is presently 7.1 days. Based on an average daily trading volume, of 21,778 shares, the days-to-cover ratio is presently 7.1 days. Approximately 6.2% of the company’s stock are short sold.

Invesco DB Energy Fund Price Performance

NYSEARCA DBE traded down $0.09 during trading hours on Wednesday, reaching $17.73. 9,572 shares of the company’s stock traded hands, compared to its average volume of 22,731. Invesco DB Energy Fund has a 52-week low of $16.22 and a 52-week high of $20.72. The firm has a 50-day simple moving average of $18.78 and a 200 day simple moving average of $18.99. The firm has a market cap of $44.33 million, a PE ratio of 3.72 and a beta of 0.26.

Institutional Trading of Invesco DB Energy Fund

A number of hedge funds have recently made changes to their positions in DBE. Advisory Services Network LLC grew its stake in shares of Invesco DB Energy Fund by 5.7% in the 2nd quarter. Advisory Services Network LLC now owns 177,051 shares of the exchange traded fund’s stock worth $3,509,000 after buying an additional 9,553 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Invesco DB Energy Fund by 248.0% during the second quarter. The Manufacturers Life Insurance Company now owns 94,589 shares of the exchange traded fund’s stock valued at $1,762,000 after buying an additional 67,405 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in Invesco DB Energy Fund by 260.0% in the third quarter. Susquehanna International Group LLP now owns 92,125 shares of the exchange traded fund’s stock worth $1,752,000 after acquiring an additional 66,537 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco DB Energy Fund by 23.9% in the second quarter. Ameriprise Financial Inc. now owns 84,035 shares of the exchange traded fund’s stock worth $1,566,000 after acquiring an additional 16,234 shares during the last quarter. Finally, Equitable Holdings Inc. increased its holdings in shares of Invesco DB Energy Fund by 8.4% during the third quarter. Equitable Holdings Inc. now owns 74,814 shares of the exchange traded fund’s stock valued at $1,423,000 after acquiring an additional 5,770 shares in the last quarter.

Invesco DB Energy Fund Company Profile

(Get Free Report)

PowerShares DB Energy Fund (the Fund) is based on the Deutsche Bank Liquid Commodity Index – Optimum Yield Energy Excess Return (the Index). The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world-light sweet crude oil (WTI), heating oil, brent crude oil, reformulated blendstock for oxygenate blending (RBOB) gasoline and natural gas. The Index is intended to reflect the performance of the energy sector. The Fund is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust).

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