Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Short Interest Update

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBCGet Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 482,468 shares, a growth of 93.9% from the November 30th total of 248,836 shares. Based on an average daily volume of 429,513 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.9% of the shares of the company are sold short. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 429,513 shares, the days-to-cover ratio is currently 1.1 days.

Invesco DB Commodity Index Tracking Fund Trading Up 0.3%

Shares of NYSEARCA:DBC traded up $0.07 on Friday, hitting $22.70. The company had a trading volume of 686,474 shares, compared to its average volume of 874,658. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 5.00 and a beta of 0.24. The stock has a 50 day moving average price of $22.84 and a 200 day moving average price of $22.48. Invesco DB Commodity Index Tracking Fund has a 1-year low of $19.84 and a 1-year high of $23.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL lifted its position in Invesco DB Commodity Index Tracking Fund by 555.6% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock worth $27,000 after acquiring an additional 1,000 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Invesco DB Commodity Index Tracking Fund during the third quarter worth approximately $2,235,000. Knollwood Investment Advisory LLC increased its stake in shares of Invesco DB Commodity Index Tracking Fund by 2.6% during the third quarter. Knollwood Investment Advisory LLC now owns 18,904 shares of the company’s stock worth $426,000 after purchasing an additional 479 shares during the period. Lido Advisors LLC lifted its holdings 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 worth $6,842,000 after purchasing an additional 289,187 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in Invesco DB Commodity Index Tracking Fund by 1.7% in the 3rd quarter. Bank of America Corp DE now owns 4,123,577 shares of the company’s stock valued at $92,904,000 after purchasing an additional 67,602 shares during the period. Institutional investors and hedge funds own 48.28% of the company’s stock.

About Invesco DB Commodity Index Tracking Fund

(Get Free Report)

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

Featured Stories

Receive News & Ratings for Invesco DB Commodity Index Tracking Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB Commodity Index Tracking Fund and related companies with MarketBeat.com's FREE daily email newsletter.