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

Invesco DB Energy Fund (NYSEARCA:DBE) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 22,290 shares, a growth of 395.2% from the June 15th total of 4,501 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 83,669 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco DB Energy Fund

Several large investors have recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of Invesco DB Energy Fund by 333.3% in the 1st quarter. Bank of America Corp DE now owns 230,147 shares of the exchange traded fund’s stock worth $6,782,000 after acquiring an additional 177,032 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Invesco DB Energy Fund by 30.4% in the first quarter. The Manufacturers Life Insurance Company now owns 126,713 shares of the exchange traded fund’s stock worth $3,734,000 after buying an additional 29,575 shares during the last quarter. Susquehanna International Group LLP lifted its stake in shares of Invesco DB Energy Fund by 260.0% in the third quarter. Susquehanna International Group LLP now owns 92,125 shares of the exchange traded fund’s stock worth $1,752,000 after buying an additional 66,537 shares during the last quarter. Equitable Holdings Inc. grew its stake in Invesco DB Energy Fund by 18.1% in the 4th quarter. Equitable Holdings Inc. now owns 88,378 shares of the exchange traded fund’s stock valued at $1,544,000 after buying an additional 13,564 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in 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 acquiring an additional 16,234 shares during the period.

Invesco DB Energy Fund Stock Performance

NYSEARCA DBE traded down $0.04 during trading hours on Friday, hitting $27.14. 45,251 shares of the company’s stock were exchanged, compared to its average volume of 67,453. Invesco DB Energy Fund has a 12-month low of $17.01 and a 12-month high of $34.36. The business’s 50 day moving average is $29.74 and its 200-day moving average is $25.53. The firm has a market capitalization of $78.71 million, a P/E ratio of 3.72 and a beta of -0.05.

About Invesco DB Energy Fund

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).