Short Interest in Invesco DB Energy Fund (NYSEARCA:DBE) Declines By 86.5%

Invesco DB Energy Fund (NYSEARCA:DBE) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 4,501 shares, a drop of 86.5% from the May 31st total of 33,312 shares. Based on an average daily trading volume, of 49,277 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its stake in shares of Invesco DB Energy Fund by 105.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 777 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Invesco DB Energy Fund by 32.3% during the 2nd quarter. Osaic Holdings Inc. now owns 3,876 shares of the exchange traded fund’s stock worth $72,000 after acquiring an additional 947 shares in the last quarter. Barclays PLC acquired a new stake in Invesco DB Energy Fund during the 4th quarter valued at $89,000. Flow Traders U.S. LLC acquired a new stake in shares of Invesco DB Energy Fund during the 3rd quarter valued at $221,000. Finally, Blueprint Investment Partners LLC bought a new position in shares of Invesco DB Energy Fund during the 3rd quarter valued at $310,000.

Invesco DB Energy Fund Price Performance

Shares of Invesco DB Energy Fund stock traded down $0.80 on Friday, reaching $25.86. 161,734 shares of the company were exchanged, compared to its average volume of 68,654. The stock’s 50 day moving average price is $30.47 and its 200-day moving average price is $24.96. The company has a market cap of $74.99 million, a P/E ratio of 3.72 and a beta of -0.07. Invesco DB Energy Fund has a 1-year low of $17.01 and a 1-year high of $34.36.

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).