Short Interest in Invesco DB Base Metals Fund (NYSEARCA:DBB) Increases By 69.2%

Invesco DB Base Metals Fund (NYSEARCA:DBB) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 197,187 shares, an increase of 69.2% from the November 30th total of 116,541 shares. Based on an average daily volume of 351,919 shares, the short-interest ratio is presently 0.6 days. Currently, 3.1% of the shares of the stock are sold short. Currently, 3.1% of the shares of the stock are sold short. Based on an average daily volume of 351,919 shares, the short-interest ratio is presently 0.6 days.

Invesco DB Base Metals Fund Stock Up 2.1%

Shares of NYSEARCA:DBB traded up $0.48 during trading on Tuesday, hitting $22.96. 76,739 shares of the company were exchanged, compared to its average volume of 91,051. Invesco DB Base Metals Fund has a 1-year low of $17.13 and a 1-year high of $22.99. The company has a market capitalization of $146.95 million, a P/E ratio of 3.20 and a beta of 0.56. The business’s 50 day moving average is $21.89 and its 200-day moving average is $20.53.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DBB. The Manufacturers Life Insurance Company boosted its position in 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 buying an additional 314,708 shares during the period. Bank of America Corp DE raised its stake in shares of Invesco DB Base Metals Fund by 11.7% during the second quarter. Bank of America Corp DE now owns 140,274 shares of the company’s stock valued at $2,717,000 after acquiring an additional 14,684 shares during the last quarter. GenTrust LLC raised its stake in shares of Invesco DB Base Metals Fund by 2.3% during the third quarter. GenTrust LLC now owns 131,581 shares of the company’s stock valued at $2,703,000 after acquiring an additional 2,900 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Invesco DB Base Metals Fund by 41.3% during the second quarter. Ameriprise Financial Inc. now owns 86,827 shares of the company’s stock worth $1,679,000 after purchasing an additional 25,378 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of Invesco DB Base Metals Fund by 114.6% in the first quarter. Royal Bank of Canada now owns 86,747 shares of the company’s stock worth $1,664,000 after purchasing an additional 46,328 shares during the last quarter. Institutional investors own 40.73% of the company’s stock.

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.