Invesco DB Energy Fund (NYSEARCA:DBE – Get Free Report) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 9,573 shares, a decrease of 90.0% from the April 30th total of 96,126 shares. Based on an average trading volume of 78,111 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the stock are short sold.
Invesco DB Energy Fund Price Performance
NYSEARCA DBE traded up $0.30 during trading hours on Thursday, hitting $30.44. 47,740 shares of the company’s stock traded hands, compared to its average volume of 69,440. Invesco DB Energy Fund has a 52-week low of $17.01 and a 52-week high of $34.36. The company has a market capitalization of $88.28 million, a PE ratio of 3.72 and a beta of -0.03. The firm’s 50-day moving average is $30.59 and its 200-day moving average is $23.45.
Institutional Trading of Invesco DB Energy Fund
Several large investors have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC grew its stake in shares of Invesco DB Energy Fund by 18.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 43,415 shares of the exchange traded fund’s stock valued at $758,000 after buying an additional 6,643 shares during the period. M Holdings Securities Inc. grew its stake in shares of Invesco DB Energy Fund by 3.8% in the 4th quarter. M Holdings Securities Inc. now owns 56,530 shares of the exchange traded fund’s stock valued at $987,000 after buying an additional 2,091 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of 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 during the period. Flow Traders U.S. LLC purchased a new stake in shares of Invesco DB Energy Fund in the 3rd quarter valued at approximately $221,000. Finally, Osaic Holdings Inc. grew its stake in shares of Invesco DB Energy Fund by 32.3% in the 2nd quarter. Osaic Holdings Inc. now owns 3,876 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 947 shares during the period.
Invesco DB Energy Fund Company Profile
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).
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