Short Interest in Invesco DB Energy Fund (NYSEARCA:DBE) Declines By 47.5%

Invesco DB Energy Fund (NYSEARCA:DBE) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 10,789 shares, a decline of 47.5% from the February 12th total of 20,549 shares. Based on an average trading volume of 21,671 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 21,671 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco DB Energy Fund

Hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in shares of Invesco DB Energy Fund by 105.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 777 shares during the period. Knights of Columbus Asset Advisors LLC raised its holdings in shares of Invesco DB Energy Fund by 24.9% in the 3rd 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 last quarter. Osaic Holdings Inc. raised its holdings in shares of Invesco DB Energy Fund by 32.3% in the 2nd quarter. Osaic Holdings Inc. now owns 3,876 shares of the exchange traded fund’s stock worth $72,000 after acquiring an additional 947 shares during the last quarter. Barclays PLC bought a new position in shares of Invesco DB Energy Fund in the fourth quarter valued at approximately $89,000. Finally, Flow Traders U.S. LLC bought a new stake in Invesco DB Energy Fund during the third quarter worth $221,000.

Invesco DB Energy Fund Stock Up 6.3%

NYSEARCA:DBE traded up $1.69 during trading hours on Thursday, reaching $28.48. The company had a trading volume of 56,863 shares, compared to its average volume of 34,247. The firm has a market cap of $66.93 million, a price-to-earnings ratio of 3.72 and a beta of 0.26. The business’s 50-day simple moving average is $20.02 and its two-hundred day simple moving average is $19.20. Invesco DB Energy Fund has a twelve month low of $16.22 and a twelve month high of $28.59.

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).