Short Interest in Invesco DB Base Metals Fund (NYSEARCA:DBB) Declines By 39.6%

Invesco DB Base Metals Fund (NYSEARCA:DBB) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 119,148 shares, a decrease of 39.6% from the December 15th total of 197,187 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 329,298 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 329,298 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.3% of the shares of the company are sold short.

Invesco DB Base Metals Fund Stock Down 2.2%

NYSEARCA:DBB traded down $0.53 on Friday, hitting $23.76. The stock had a trading volume of 212,706 shares, compared to its average volume of 407,035. The business’s 50-day simple moving average is $22.44 and its two-hundred day simple moving average is $20.94. The stock has a market cap of $228.10 million, a price-to-earnings ratio of 3.20 and a beta of 0.56. Invesco DB Base Metals Fund has a 52-week low of $17.13 and a 52-week high of $24.56.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company boosted its stake in shares of Invesco DB Base Metals Fund by 1,518.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 335,433 shares of the company’s stock worth $6,497,000 after acquiring an additional 314,708 shares during the last quarter. Royal Bank of Canada lifted its position in Invesco DB Base Metals Fund by 114.6% during the first quarter. Royal Bank of Canada now owns 86,747 shares of the company’s stock valued at $1,664,000 after purchasing an additional 46,328 shares in the last quarter. Solstein Capital LLC grew its holdings in Invesco DB Base Metals Fund by 74.1% during the third quarter. Solstein Capital LLC now owns 76,293 shares of the company’s stock valued at $1,567,000 after purchasing an additional 32,466 shares during the period. Ameriprise Financial Inc. increased its position in Invesco DB Base Metals Fund by 41.3% in the second quarter. Ameriprise Financial Inc. now owns 86,827 shares of the company’s stock worth $1,679,000 after buying an additional 25,378 shares in the last quarter. Finally, Jane Street Group LLC increased its position in Invesco DB Base Metals Fund by 73.9% in the first quarter. Jane Street Group LLC now owns 53,307 shares of the company’s stock worth $1,023,000 after buying an additional 22,658 shares in the last quarter. 40.73% of the stock is currently owned by institutional investors.

About Invesco DB Base Metals Fund

PowerShares DB Base Metals Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust), a Delaware statutory trust organized in seven separate series. The Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Industrial Metals Index Excess Return (the Index) over time, plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.