Invesco DB Energy Fund (NYSEARCA:DBE) Sees Large Growth in Short Interest

Invesco DB Energy Fund (NYSEARCA:DBE) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 9,086 shares, a growth of 68.7% from the December 31st total of 5,387 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,045 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 14,045 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

Invesco DB Energy Fund Stock Up 1.3%

Shares of NYSEARCA DBE traded up $0.26 during midday trading on Friday, hitting $20.30. The stock had a trading volume of 22,859 shares, compared to its average volume of 17,233. The stock has a 50 day simple moving average of $18.31 and a 200-day simple moving average of $18.77. The company has a market capitalization of $47.71 million, a PE ratio of 3.72 and a beta of 0.26. Invesco DB Energy Fund has a 1 year low of $16.22 and a 1 year high of $20.72.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Knights of Columbus Asset Advisors LLC grew its position in Invesco DB Energy Fund by 24.9% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 3,702 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 739 shares during the period. Bank of America Corp DE lifted its position in shares of Invesco DB Energy Fund by 1.4% during the third quarter. Bank of America Corp DE now owns 56,972 shares of the exchange traded fund’s stock worth $1,084,000 after purchasing an additional 791 shares in the last quarter. Leo Wealth LLC boosted its position in Invesco DB Energy Fund by 1.6% in the 2nd quarter. Leo Wealth LLC now owns 54,649 shares of the exchange traded fund’s stock valued at $1,018,000 after buying an additional 861 shares during the period. Osaic Holdings Inc. boosted its holdings in Invesco DB Energy Fund by 32.3% in the second quarter. Osaic Holdings Inc. now owns 3,876 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 947 shares during the period. Finally, Equitable Holdings Inc. grew its position in shares of Invesco DB Energy Fund by 8.4% during the third quarter. Equitable Holdings Inc. now owns 74,814 shares of the exchange traded fund’s stock worth $1,423,000 after buying an additional 5,770 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).