Invesco DB Energy Fund (NYSEARCA:DBE) Short Interest Update

Invesco DB Energy Fund (NYSEARCA:DBE) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 22,290 shares, a growth of 395.2% from the June 15th total of 4,501 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 83,669 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco DB Energy Fund

A number of hedge funds have recently made changes to their positions in the business. Bank of America Corp DE increased its position in Invesco DB Energy Fund by 333.3% in the first quarter. Bank of America Corp DE now owns 230,147 shares of the exchange traded fund’s stock worth $6,782,000 after purchasing an additional 177,032 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Invesco DB Energy Fund by 30.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 126,713 shares of the exchange traded fund’s stock valued at $3,734,000 after acquiring an additional 29,575 shares during the period. Susquehanna International Group LLP increased its stake in Invesco DB Energy Fund by 260.0% in the third quarter. Susquehanna International Group LLP now owns 92,125 shares of the exchange traded fund’s stock worth $1,752,000 after purchasing an additional 66,537 shares during the period. Equitable Holdings Inc. lifted its position in shares of Invesco DB Energy Fund by 18.1% during the fourth quarter. Equitable Holdings Inc. now owns 88,378 shares of the exchange traded fund’s stock worth $1,544,000 after purchasing an additional 13,564 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Invesco DB Energy Fund by 23.9% during the second quarter. Ameriprise Financial Inc. now owns 84,035 shares of the exchange traded fund’s stock worth $1,566,000 after purchasing an additional 16,234 shares during the last quarter.

Invesco DB Energy Fund Trading Up 6.8%

DBE stock traded up $1.86 during midday trading on Monday, hitting $29.00. The company’s stock had a trading volume of 45,395 shares, compared to its average volume of 67,261. Invesco DB Energy Fund has a 12 month low of $17.01 and a 12 month high of $34.36. The company has a market cap of $84.09 million, a PE ratio of 3.72 and a beta of -0.05. The firm’s 50-day moving average is $29.74 and its 200-day moving average is $25.59.

About Invesco DB Energy Fund

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).