Short Interest in Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Declines By 53.6%

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 582,647 shares, a decline of 53.6% from the January 29th total of 1,254,631 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,141,629 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 1,141,629 shares, the short-interest ratio is presently 0.5 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DBC. Lido Advisors LLC raised its stake in 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 valued at $6,842,000 after purchasing an additional 289,187 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco DB Commodity Index Tracking Fund by 1.7% during 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 buying an additional 67,602 shares in the last quarter. Creative Planning grew its holdings in shares of Invesco DB Commodity Index Tracking Fund by 1.0% during the third quarter. Creative Planning now owns 218,404 shares of the company’s stock valued at $4,921,000 after buying an additional 2,094 shares in the last quarter. Raymond James Financial Inc. raised its position in Invesco DB Commodity Index Tracking Fund by 6.7% during the third quarter. Raymond James Financial Inc. now owns 69,669 shares of the company’s stock valued at $1,570,000 after buying an additional 4,393 shares during the period. Finally, Man Group plc increased its holdings in shares of Invesco DB Commodity Index Tracking Fund by 1,834.2% in the 3rd quarter. Man Group plc now owns 269,844 shares of the company’s stock valued at $6,080,000 after purchasing an additional 255,893 shares during the period. 48.28% of the stock is owned by institutional investors and hedge funds.

Invesco DB Commodity Index Tracking Fund Price Performance

DBC stock traded up $0.22 on Friday, reaching $24.98. The company’s stock had a trading volume of 144,339 shares, compared to its average volume of 794,232. Invesco DB Commodity Index Tracking Fund has a 52 week low of $19.84 and a 52 week high of $25.69. The company has a market capitalization of $1.35 billion, a P/E ratio of 5.00 and a beta of 0.24. The firm has a fifty day moving average of $23.60 and a two-hundred day moving average of $22.91.

Invesco DB Commodity Index Tracking Fund Company Profile

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