Invesco DB Energy Fund (NYSEARCA:DBE) Short Interest Update

Invesco DB Energy Fund (NYSEARCA:DBE) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 5,387 shares, a decrease of 96.5% from the December 15th total of 154,931 shares. Based on an average daily volume of 20,351 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 20,351 shares, the short-interest ratio is presently 0.3 days.

Invesco DB Energy Fund Stock Performance

Shares of DBE stock traded up $0.43 during trading hours on Tuesday, hitting $18.31. 1,750 shares of the company were exchanged, compared to its average volume of 12,664. Invesco DB Energy Fund has a fifty-two week low of $16.22 and a fifty-two week high of $20.72. The firm has a market cap of $43.03 million, a P/E ratio of 3.72 and a beta of 0.26. The company has a 50 day simple moving average of $18.47 and a two-hundred day simple moving average of $18.81.

Institutional Investors Weigh In On Invesco DB Energy Fund

A number of hedge funds have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its holdings in shares of Invesco DB Energy Fund by 23.9% during 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. The Manufacturers Life Insurance Company boosted its holdings in Invesco DB Energy Fund by 248.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 94,589 shares of the exchange traded fund’s stock worth $1,762,000 after acquiring an additional 67,405 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco DB Energy Fund by 3.7% in the second quarter. Bank of America Corp DE now owns 56,181 shares of the exchange traded fund’s stock valued at $1,047,000 after purchasing an additional 1,993 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Invesco DB Energy Fund by 180.0% during the second quarter. Jane Street Group LLC now owns 46,978 shares of the exchange traded fund’s stock valued at $875,000 after purchasing an additional 30,203 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Invesco DB Energy Fund by 29.1% during the second quarter. Cetera Investment Advisers now owns 29,178 shares of the exchange traded fund’s stock valued at $544,000 after purchasing an additional 6,578 shares in the last quarter.

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).