Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 721,780 shares, a growth of 49.6% from the December 15th total of 482,468 shares. Based on an average trading volume of 514,791 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.3% of the company’s shares are sold short. Currently, 1.3% of the company’s shares are sold short. Based on an average trading volume of 514,791 shares, the days-to-cover ratio is presently 1.4 days.
Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund
Several institutional investors have recently made changes to their positions in the stock. Strategic Investment Solutions Inc. IL grew its holdings in Invesco DB Commodity Index Tracking Fund by 555.6% during the third quarter. Strategic Investment Solutions Inc. IL now owns 1,180 shares of the company’s stock worth $27,000 after acquiring an additional 1,000 shares during the period. J.Safra Asset Management Corp acquired a new position in shares of Invesco DB Commodity Index Tracking Fund during the 2nd quarter worth about $27,000. Caitlin John LLC acquired a new position in shares of Invesco DB Commodity Index Tracking Fund during the third quarter valued at about $53,000. Ameriflex Group Inc. lifted its position in Invesco DB Commodity Index Tracking Fund by 65.1% in the third quarter. Ameriflex Group Inc. now owns 3,184 shares of the company’s stock worth $72,000 after purchasing an additional 1,256 shares during the period. Finally, MAI Capital Management grew its stake in shares of Invesco DB Commodity Index Tracking Fund by 51.5% in the 3rd quarter. MAI Capital Management now owns 3,384 shares of the company’s stock valued at $76,000 after purchasing an additional 1,150 shares during the period. 48.28% of the stock is currently owned by hedge funds and other institutional investors.
Invesco DB Commodity Index Tracking Fund Stock Down 0.2%
Shares of Invesco DB Commodity Index Tracking Fund stock traded down $0.04 during trading on Friday, reaching $23.16. The company’s stock had a trading volume of 506,630 shares, compared to its average volume of 671,356. Invesco DB Commodity Index Tracking Fund has a 1-year low of $19.84 and a 1-year high of $23.65. The company has a 50-day simple moving average of $22.87 and a two-hundred day simple moving average of $22.53. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 5.00 and a beta of 0.24.
Invesco DB Commodity Index Tracking Fund Company Profile
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
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