Invesco DB Oil Fund (NYSEARCA:DBO) Short Interest Down 31.0% in February

Invesco DB Oil Fund (NYSEARCA:DBOGet Free Report) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 13,511 shares, a decrease of 31.0% from the February 12th total of 19,591 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 683,957 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 683,957 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

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Invesco DB Oil Fund Stock Down 0.0%

Invesco DB Oil Fund stock traded down $0.01 during midday trading on Friday, reaching $20.55. The stock had a trading volume of 2,109,027 shares, compared to its average volume of 1,341,622. The firm has a market cap of $341.13 million, a price-to-earnings ratio of 2.38 and a beta of 0.43. Invesco DB Oil Fund has a 52-week low of $11.59 and a 52-week high of $20.68. The company has a fifty day moving average of $14.26 and a 200 day moving average of $13.45.

Institutional Investors Weigh In On Invesco DB Oil Fund

A number of institutional investors and hedge funds have recently modified their holdings of DBO. Mather Group LLC. purchased a new position in Invesco DB Oil Fund during the 3rd quarter valued at $28,000. International Assets Investment Management LLC bought a new stake in shares of Invesco DB Oil Fund during the fourth quarter worth $33,000. Quent Capital LLC bought a new stake in shares of Invesco DB Oil Fund during the third quarter worth $43,000. McIlrath & Eck LLC purchased a new stake in shares of Invesco DB Oil Fund during the third quarter valued at $43,000. Finally, AE Wealth Management LLC purchased a new stake in shares of Invesco DB Oil Fund during the third quarter valued at $70,000.

Invesco DB Oil Fund Company Profile

(Get Free Report)

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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