Short Interest in Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Expands By 52.0%

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 1,254,631 shares, an increase of 52.0% from the January 15th total of 825,313 shares. Based on an average daily volume of 843,203 shares, the short-interest ratio is presently 1.5 days. Approximately 2.3% of the shares of the stock are short sold. Approximately 2.3% of the shares of the stock are short sold. Based on an average daily volume of 843,203 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On Invesco DB Commodity Index Tracking Fund

Several institutional investors have recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL lifted its stake in Invesco DB Commodity Index Tracking Fund by 555.6% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock worth $27,000 after purchasing an additional 1,000 shares in the last quarter. Jessup Wealth Management Inc bought a new stake in shares of Invesco DB Commodity Index Tracking Fund in the fourth quarter worth about $28,000. Parkside Financial Bank & Trust purchased a new stake in shares of Invesco DB Commodity Index Tracking Fund in the fourth quarter worth about $46,000. International Assets Investment Management LLC bought a new position in Invesco DB Commodity Index Tracking Fund during the fourth quarter valued at approximately $48,000. Finally, Caitlin John LLC purchased a new position in Invesco DB Commodity Index Tracking Fund during the 3rd quarter valued at approximately $53,000. 48.28% of the stock is owned by hedge funds and other institutional investors.

Invesco DB Commodity Index Tracking Fund Stock Performance

DBC traded up $0.08 during trading on Friday, reaching $23.88. 250,725 shares of the company traded hands, compared to its average volume of 890,857. The company has a market cap of $1.29 billion, a P/E ratio of 5.00 and a beta of 0.24. Invesco DB Commodity Index Tracking Fund has a 12-month low of $19.84 and a 12-month high of $25.69. The firm has a fifty day simple moving average of $23.33 and a 200 day simple moving average of $22.77.

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