Short Interest in Invesco DB Energy Fund (NYSEARCA:DBE) Increases By 395.2%

Invesco DB Energy Fund (NYSEARCA:DBE) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 22,290 shares, an increase of 395.2% from the June 15th total of 4,501 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 83,669 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco DB Energy Fund

Hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its stake in Invesco DB Energy Fund by 105.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 777 shares in the last quarter. Bank of America Corp DE lifted its holdings in Invesco DB Energy Fund by 1.4% during the 3rd quarter. Bank of America Corp DE now owns 56,972 shares of the exchange traded fund’s stock valued at $1,084,000 after purchasing an additional 791 shares during the last quarter. Osaic Holdings Inc. grew its stake in 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 buying an additional 947 shares during the last quarter. M Holdings Securities Inc. increased its holdings 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 buying an additional 2,091 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Invesco DB Energy Fund by 2.9% in the 4th quarter. Cetera Investment Advisers now owns 76,891 shares of the exchange traded fund’s stock worth $1,343,000 after acquiring an additional 2,183 shares in the last quarter.

Invesco DB Energy Fund Stock Performance

Shares of NYSEARCA:DBE traded down $0.04 on Friday, hitting $27.14. 45,251 shares of the company were exchanged, compared to its average volume of 67,453. The company’s 50 day moving average price is $29.74 and its two-hundred day moving average price is $25.53. Invesco DB Energy Fund has a one year low of $17.01 and a one year high of $34.36. The firm has a market capitalization of $78.71 million, a price-to-earnings ratio of 3.72 and a beta of -0.05.

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).