Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Short Interest Update

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 1,254,631 shares, a growth of 52.0% from the January 15th total of 825,313 shares. Approximately 2.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 843,203 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 843,203 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL boosted its stake in shares of Invesco DB Commodity Index Tracking Fund by 555.6% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock valued at $27,000 after purchasing an additional 1,000 shares in the last quarter. Jessup Wealth Management Inc bought a new position in Invesco DB Commodity Index Tracking Fund in the 4th quarter valued at approximately $28,000. Parkside Financial Bank & Trust bought a new position in Invesco DB Commodity Index Tracking Fund in the 4th quarter valued at approximately $46,000. International Assets Investment Management LLC acquired a new stake in Invesco DB Commodity Index Tracking Fund in the fourth quarter valued at approximately $48,000. Finally, Caitlin John LLC bought a new stake in shares of Invesco DB Commodity Index Tracking Fund during the third quarter worth $53,000. Institutional investors own 48.28% of the company’s stock.

Invesco DB Commodity Index Tracking Fund Stock Up 0.3%

Shares of DBC stock traded up $0.08 during trading hours on Monday, reaching $23.88. The company’s stock had a trading volume of 250,725 shares, compared to its average volume of 890,857. Invesco DB Commodity Index Tracking Fund has a fifty-two week low of $19.84 and a fifty-two week high of $25.69. The firm’s 50 day simple moving average is $23.33 and its 200-day simple moving average is $22.77. The company has a market capitalization of $1.29 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