Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Short Interest Up 49.6% in December

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) saw a significant growth in short interest in 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. Currently, 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 514,791 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 514,791 shares, the short-interest ratio is presently 1.4 days. Currently, 1.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund

Large investors have recently added to or reduced their stakes in the company. Quadrature Capital Ltd lifted its position in shares of Invesco DB Commodity Index Tracking Fund by 331.9% during the second quarter. Quadrature Capital Ltd now owns 796,744 shares of the company’s stock valued at $17,373,000 after buying an additional 612,267 shares during the last quarter. Lido Advisors LLC raised its stake in shares of Invesco DB Commodity Index Tracking Fund by 1,998.7% during the 3rd quarter. Lido Advisors LLC now owns 303,656 shares of the company’s stock worth $6,842,000 after acquiring an additional 289,187 shares in the last quarter. Man Group plc lifted its position in Invesco DB Commodity Index Tracking Fund by 1,834.2% during the third quarter. Man Group plc now owns 269,844 shares of the company’s stock valued at $6,080,000 after acquiring an additional 255,893 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Invesco DB Commodity Index Tracking Fund by 127.2% in the first quarter. Goldman Sachs Group Inc. now owns 436,068 shares of the company’s stock valued at $9,812,000 after acquiring an additional 244,174 shares in the last quarter. Finally, Gladwyn Financial Advisors Inc. purchased a new position in Invesco DB Commodity Index Tracking Fund in the second quarter worth $4,331,000. 48.28% of the stock is currently owned by institutional investors.

Invesco DB Commodity Index Tracking Fund Price Performance

NYSEARCA DBC traded down $0.02 during midday trading on Friday, hitting $23.18. 333,708 shares of the company traded hands, compared to its average volume of 654,926. Invesco DB Commodity Index Tracking Fund has a 52 week low of $19.84 and a 52 week high of $23.65. The company’s 50-day simple moving average is $22.87 and its 200-day simple moving average is $22.51. The company has a market cap of $1.24 billion, a PE ratio of 5.00 and a beta of 0.24.

About Invesco DB Commodity Index Tracking Fund

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