Invesco DB Energy Fund (NYSEARCA:DBE – Get Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 9,086 shares, an increase of 68.7% from the December 31st total of 5,387 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 14,045 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 14,045 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the shares of the company are sold short.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC lifted its holdings in Invesco DB Energy Fund by 5.7% during the 2nd quarter. Advisory Services Network LLC now owns 177,051 shares of the exchange traded fund’s stock valued at $3,509,000 after buying an additional 9,553 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Invesco DB Energy Fund by 248.0% in 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 acquiring an additional 67,405 shares in the last quarter. Susquehanna International Group LLP increased its position in shares of 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 worth $1,752,000 after purchasing an additional 66,537 shares in the last quarter. Ameriprise Financial Inc. raised its stake in 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 valued at $1,566,000 after buying an additional 16,234 shares during the last quarter. Finally, Equitable Holdings Inc. grew its stake 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 worth $1,423,000 after acquiring an additional 5,770 shares during the last quarter.
Invesco DB Energy Fund Stock Up 1.3%
NYSEARCA:DBE traded up $0.26 on Friday, reaching $20.30. 22,859 shares of the company’s stock traded hands, compared to its average volume of 17,233. The stock has a 50-day simple moving average of $18.31 and a 200-day simple moving average of $18.77. The firm has a market cap of $47.71 million, a PE ratio of 3.72 and a beta of 0.26. Invesco DB Energy Fund has a 12 month low of $16.22 and a 12 month high of $20.72.
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).
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