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

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 827,357 shares, a drop of 76.8% from the May 14th total of 3,567,364 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily volume of 1,090,456 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund

Several large investors have recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL raised its position in Invesco DB Commodity Index Tracking Fund by 555.6% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock worth $27,000 after acquiring an additional 1,000 shares during the period. Jessup Wealth Management Inc purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the fourth quarter valued at about $28,000. Parkside Financial Bank & Trust purchased a new position in Invesco DB Commodity Index Tracking Fund during the fourth quarter worth about $46,000. International Assets Investment Management LLC purchased a new position in Invesco DB Commodity Index Tracking Fund during the fourth quarter worth about $48,000. Finally, Caitlin John LLC acquired a new stake in shares of Invesco DB Commodity Index Tracking Fund during the third quarter worth about $53,000. 48.28% of the stock is currently owned by institutional investors and hedge funds.

Invesco DB Commodity Index Tracking Fund Stock Down 1.4%

DBC stock opened at $29.07 on Wednesday. The firm has a 50 day moving average of $29.90 and a 200 day moving average of $26.33. The stock has a market capitalization of $1.67 billion, a PE ratio of 5.00 and a beta of 0.08. Invesco DB Commodity Index Tracking Fund has a 52 week low of $21.58 and a 52 week high of $31.79.

About Invesco DB Commodity Index Tracking Fund

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