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

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 482,468 shares, an increase of 93.9% from the November 30th total of 248,836 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 429,513 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 429,513 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.9% of the shares of the stock are sold short.

Invesco DB Commodity Index Tracking Fund Stock Up 0.3%

Invesco DB Commodity Index Tracking Fund stock traded up $0.07 during mid-day trading on Friday, hitting $22.70. 686,474 shares of the company were exchanged, compared to its average volume of 874,658. The company has a market capitalization of $1.27 billion, a PE ratio of 5.00 and a beta of 0.24. The business has a fifty day moving average of $22.84 and a 200 day moving average of $22.48. Invesco DB Commodity Index Tracking Fund has a 1-year low of $19.84 and a 1-year high of $23.44.

Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund

Several large investors have recently bought and sold shares of DBC. Comerica Bank raised its holdings in Invesco DB Commodity Index Tracking Fund by 8.2% during the 1st quarter. Comerica Bank now owns 14,673 shares of the company’s stock worth $330,000 after buying an additional 1,107 shares during the period. CreativeOne Wealth LLC bought a new stake in Invesco DB Commodity Index Tracking Fund during the first quarter worth $630,000. Royal Bank of Canada raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 67.9% in the 1st quarter. Royal Bank of Canada now owns 140,725 shares of the company’s stock valued at $3,166,000 after purchasing an additional 56,886 shares during the period. NewEdge Advisors LLC lifted its position in shares of Invesco DB Commodity Index Tracking Fund by 4.3% in the first quarter. NewEdge Advisors LLC now owns 25,118 shares of the company’s stock valued at $565,000 after buying an additional 1,039 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Invesco DB Commodity Index Tracking Fund by 127.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 436,068 shares of the company’s stock valued at $9,812,000 after purchasing an additional 244,174 shares during the last quarter. Institutional investors own 48.28% of the company’s stock.

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