Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Short Interest Update

by · The Markets Daily

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 721,780 shares, a growth of 49.6% from the December 15th total of 482,468 shares. Based on an average daily trading volume, of 514,791 shares, the short-interest ratio is presently 1.4 days. Approximately 1.3% of the company’s shares are sold short. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 514,791 shares, the short-interest ratio is presently 1.4 days.

Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund

Institutional investors have recently bought and sold shares of the stock. J.Safra Asset Management Corp bought a new position in Invesco DB Commodity Index Tracking Fund during the 2nd quarter valued at about $27,000. Strategic Investment Solutions Inc. IL lifted its position in Invesco DB Commodity Index Tracking Fund by 555.6% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock valued at $27,000 after purchasing an additional 1,000 shares during the period. Caitlin John LLC purchased a new stake in Invesco DB Commodity Index Tracking Fund in the third quarter worth approximately $53,000. Ameriflex Group Inc. boosted its holdings in Invesco DB Commodity Index Tracking Fund by 65.1% in the third quarter. Ameriflex Group Inc. now owns 3,184 shares of the company’s stock worth $72,000 after purchasing an additional 1,256 shares during the last quarter. Finally, MAI Capital Management grew its position in Invesco DB Commodity Index Tracking Fund by 51.5% in the 3rd quarter. MAI Capital Management now owns 3,384 shares of the company’s stock worth $76,000 after purchasing an additional 1,150 shares during the period. 48.28% of the stock is owned by institutional investors.

Invesco DB Commodity Index Tracking Fund Stock Performance

DBC stock traded down $0.04 on Friday, reaching $23.16. The company’s stock had a trading volume of 506,630 shares, compared to its average volume of 671,356. The firm has a market cap of $1.24 billion, a PE ratio of 5.00 and a beta of 0.24. The business has a fifty day simple moving average of $22.87 and a two-hundred day simple moving average of $22.52. Invesco DB Commodity Index Tracking Fund has a 12-month low of $19.84 and a 12-month high of $23.65.

About Invesco DB Commodity Index Tracking Fund

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Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people

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