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 firm has a market capitalization of $87.23 million, a price-to-earnings ratio of 3.72 and a beta of -0.07. The business has a 50-day moving average price of $30.91 and a 200-day moving average price of $24.35.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in Invesco DB Energy Fund by 333.3% in the first quarter. Bank of America Corp DE now owns 230,147 shares of the exchange traded fund’s stock valued at $6,782,000 after acquiring an additional 177,032 shares during the period. The Manufacturers Life Insurance Company grew its stake in Invesco DB Energy Fund by 30.4% in the first quarter. The Manufacturers Life Insurance Company now owns 126,713 shares of the exchange traded fund’s stock valued at $3,734,000 after acquiring an additional 29,575 shares during the period. Cetera Investment Advisers grew its stake in Invesco DB Energy Fund by 4.4% in the first quarter. Cetera Investment Advisers now owns 80,307 shares of the exchange traded fund’s stock valued at $2,367,000 after acquiring an additional 3,416 shares during the period. Equitable Holdings Inc. grew its stake in Invesco DB Energy Fund by 18.1% in the fourth quarter. Equitable Holdings Inc. now owns 88,378 shares of the exchange traded fund’s stock valued at $1,544,000 after acquiring an additional 13,564 shares during the period. Finally, Barclays PLC acquired a new position in Invesco DB Energy Fund in the fourth quarter valued at about $89,000.

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).