Invesco DB Oil Fund (NYSEARCA:DBO – Get Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 119,238 shares, an increase of 233.8% from the December 31st total of 35,717 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 428,335 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 428,335 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the company’s stock are short sold.
Invesco DB Oil Fund Stock Performance
NYSEARCA DBO traded up $0.08 during trading on Friday, reaching $14.03. 1,115,949 shares of the company’s stock were exchanged, compared to its average volume of 515,897. Invesco DB Oil Fund has a 1 year low of $11.59 and a 1 year high of $14.94. The stock has a market cap of $237.81 million, a P/E ratio of 2.38 and a beta of 0.43. The company has a 50 day moving average price of $12.68 and a two-hundred day moving average price of $13.12.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Mather Group LLC. acquired a new position in Invesco DB Oil Fund during the 3rd quarter worth approximately $28,000. McIlrath & Eck LLC acquired a new position in Invesco DB Oil Fund during the third quarter worth $43,000. Quent Capital LLC purchased a new position in Invesco DB Oil Fund in the third quarter worth $43,000. AE Wealth Management LLC acquired a new stake in Invesco DB Oil Fund in the third quarter valued at $70,000. Finally, Cadence Wealth Management LLC purchased a new stake in shares of Invesco DB Oil Fund during the 2nd quarter worth $142,000.
Trending Headlines about Invesco DB Oil Fund
- Positive Sentiment: OPEC+ is likely to keep its March production pause, supporting near-term crude prices and underpinning oil-linked funds like DBO. OPEC+ set to keep oil production pause for March
- Positive Sentiment: Heightened U.S.-Iran tensions (market focus on potential strikes) are elevating risk premia in crude, boosting short-term oil price upside and benefiting DBO exposure. Natural Gas, WTI Oil, Brent Oil Forecasts – Traders Stay Focused On Iran
- Positive Sentiment: Technical indicators show crude breaking key resistance / 200-day average, signaling momentum that can extend gains in oil futures and fund wrappers such as DBO. Crude Oil Price Forecast: Breakout Signals Potential Upside Continuation
- Neutral Sentiment: Exxon Mobil reported Q4 beats helped by lower-cost production, which highlights industry resilience but has a mixed/limited direct effect on short-term oil supply — neutral for DBO. Exxon beats Wall Street targets for Q4 profit
- Neutral Sentiment: Talks to restart Trinidad & Tobago’s Guaracara refinery with Indian Oil could lift regional product flows if completed, but timing and scale make near-term impact on crude markets uncertain. Trinidad and Tobago in talks with Indian Oil to revive refinery
- Negative Sentiment: The U.S. has told India it can resume Venezuelan crude purchases soon, which could add supply to global markets and weigh on prices over time — a headwind for DBO. US pitches Venezuelan crude to India as its Russian oil imports slow
- Negative Sentiment: The U.S. eased some sanctions on Venezuela’s oil industry and Venezuela approved sweeping oil-law reforms — both moves increase the prospect of more Venezuelan output and longer-term supply, which could cap upside for DBO. US eases sanctions on Venezuelan oil industry
About Invesco DB Oil Fund
PowerShares DB Oil Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund is a based on the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). The Fund seeks to track the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index) over time, plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.
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