Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Short Interest Up 52.0% in January

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 1,254,631 shares, an increase of 52.0% from the January 15th total of 825,313 shares. Based on an average daily volume of 843,203 shares, the days-to-cover ratio is presently 1.5 days. Currently, 2.3% of the company’s stock are short sold. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 843,203 shares, the days-to-cover ratio is presently 1.5 days.

Invesco DB Commodity Index Tracking Fund Price Performance

DBC traded up $0.08 during trading on Friday, reaching $23.88. The company had a trading volume of 250,725 shares, compared to its average volume of 890,857. The company has a market cap of $1.29 billion, a P/E ratio of 5.00 and a beta of 0.24. Invesco DB Commodity Index Tracking Fund has a 12 month low of $19.84 and a 12 month high of $25.69. The business’s fifty day moving average price is $23.33 and its 200 day moving average price is $22.77.

Institutional Trading of Invesco DB Commodity Index Tracking Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of Invesco DB Commodity Index Tracking Fund by 1.7% in the third quarter. Bank of America Corp DE now owns 4,123,577 shares of the company’s stock valued at $92,904,000 after purchasing an additional 67,602 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Invesco DB Commodity Index Tracking Fund by 670.3% during the 4th quarter. JPMorgan Chase & Co. now owns 817,253 shares of the company’s stock worth $18,274,000 after acquiring an additional 711,157 shares during the last quarter. Quadrature Capital Ltd grew its stake in shares of Invesco DB Commodity Index Tracking Fund by 331.9% during the 2nd quarter. Quadrature Capital Ltd now owns 796,744 shares of the company’s stock worth $17,373,000 after acquiring an additional 612,267 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 1.7% in the third quarter. Envestnet Asset Management Inc. now owns 627,807 shares of the company’s stock valued at $14,144,000 after purchasing an additional 10,765 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 194.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 494,207 shares of the company’s stock valued at $11,050,000 after purchasing an additional 326,632 shares during the last quarter. Institutional investors and hedge funds own 48.28% of the company’s stock.

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