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

Invesco DB Energy Fund (NYSEARCA:DBE) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 33,312 shares, an increase of 248.0% from the May 14th total of 9,573 shares. Based on an average daily volume of 69,541 shares, the short-interest ratio is presently 0.5 days. Approximately 1.1% of the company’s shares are sold short.

Invesco DB Energy Fund Stock Down 3.5%

Shares of Invesco DB Energy Fund stock traded down $1.08 during trading on Thursday, reaching $30.08. 140,849 shares of the company were exchanged, compared to its average volume of 67,972. Invesco DB Energy Fund has a twelve month low of $17.01 and a twelve month high of $34.36. The business has a 50-day moving average price of $30.91 and a 200-day moving average price of $24.35. The firm has a market capitalization of $87.23 million, a price-to-earnings ratio of 3.72 and a beta of -0.07.

Institutional Investors Weigh In On Invesco DB Energy Fund

A number of institutional investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its stake 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. Bank of America Corp DE grew its stake in shares of Invesco DB Energy Fund by 1.4% during the third quarter. Bank of America Corp DE now owns 56,972 shares of the exchange traded fund’s stock worth $1,084,000 after purchasing an additional 791 shares during the period. Osaic Holdings Inc. grew its stake in shares of Invesco DB Energy Fund by 32.3% during the second quarter. Osaic Holdings Inc. now owns 3,876 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 947 shares during the period. M Holdings Securities Inc. grew its stake in shares of Invesco DB Energy Fund by 3.8% during the fourth quarter. M Holdings Securities Inc. now owns 56,530 shares of the exchange traded fund’s stock worth $987,000 after purchasing an additional 2,091 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of Invesco DB Energy Fund by 2.9% during the fourth quarter. Cetera Investment Advisers now owns 76,891 shares of the exchange traded fund’s stock worth $1,343,000 after purchasing an additional 2,183 shares during the period.

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).