Invesco DB Energy Fund (NYSEARCA:DBE) Sees Large Decline in Short Interest

Invesco DB Energy Fund (NYSEARCA:DBE) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 4,798 shares, a decrease of 47.2% from the January 15th total of 9,086 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 20,496 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 20,496 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco DB Energy Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC boosted its position in shares of Invesco DB Energy Fund by 5.7% during the second quarter. Advisory Services Network LLC now owns 177,051 shares of the exchange traded fund’s stock worth $3,509,000 after acquiring an additional 9,553 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Invesco DB Energy Fund by 55.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 97,138 shares of the exchange traded fund’s stock worth $1,697,000 after buying an additional 34,547 shares in the last quarter. Susquehanna International Group LLP boosted its stake in Invesco DB Energy Fund by 260.0% during the third quarter. Susquehanna International Group LLP now owns 92,125 shares of the exchange traded fund’s stock valued at $1,752,000 after buying an additional 66,537 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Invesco DB Energy Fund by 23.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 84,035 shares of the exchange traded fund’s stock valued at $1,566,000 after buying an additional 16,234 shares in the last quarter. Finally, Equitable Holdings Inc. increased its stake in Invesco DB Energy Fund by 8.4% in the 3rd quarter. Equitable Holdings Inc. now owns 74,814 shares of the exchange traded fund’s stock worth $1,423,000 after acquiring an additional 5,770 shares during the last quarter.

Invesco DB Energy Fund Trading Down 0.3%

Invesco DB Energy Fund stock traded down $0.05 during mid-day trading on Friday, hitting $19.11. The stock had a trading volume of 13,615 shares, compared to its average volume of 17,997. Invesco DB Energy Fund has a one year low of $16.22 and a one year high of $20.72. The firm has a market capitalization of $44.91 million, a P/E ratio of 3.72 and a beta of 0.26. The firm’s 50 day moving average is $18.39 and its 200 day moving average is $18.76.

Invesco DB Energy Fund Company Profile

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).