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

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) was the target of a significant decline in short interest in 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. Based on an average trading volume of 1,141,629 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 1,141,629 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in Invesco DB Commodity Index Tracking Fund by 670.3% during the fourth quarter. JPMorgan Chase & Co. now owns 817,253 shares of the company’s stock worth $18,274,000 after buying an additional 711,157 shares in the last quarter. Quadrature Capital Ltd raised its holdings in Invesco DB Commodity Index Tracking Fund by 331.9% during the 2nd quarter. Quadrature Capital Ltd now owns 796,744 shares of the company’s stock worth $17,373,000 after purchasing an additional 612,267 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco DB Commodity Index Tracking Fund by 194.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 494,207 shares of the company’s stock valued at $11,050,000 after purchasing an additional 326,632 shares during the last quarter. Lido Advisors LLC grew its position in shares of 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 buying an additional 289,187 shares during the period. Finally, Man Group plc raised its stake in shares of Invesco DB Commodity Index Tracking Fund by 1,834.2% during the third quarter. Man Group plc now owns 269,844 shares of the company’s stock worth $6,080,000 after buying an additional 255,893 shares during the last quarter. Institutional investors and hedge funds own 48.28% of the company’s stock.

Invesco DB Commodity Index Tracking Fund Stock Up 0.9%

Invesco DB Commodity Index Tracking Fund stock traded up $0.22 during mid-day trading on Friday, reaching $24.98. The company had a trading volume of 144,339 shares, compared to its average volume of 794,232. The company has a 50 day moving average of $23.60 and a 200-day moving average of $22.91. Invesco DB Commodity Index Tracking Fund has a 52 week low of $19.84 and a 52 week high of $25.69. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 5.00 and a beta of 0.24.

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