Invesco DB Energy Fund (NYSEARCA:DBE) Short Interest Update

Invesco DB Energy Fund (NYSEARCA:DBE) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 9,573 shares, a drop 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 currently 0.1 days. Approximately 0.3% of the company’s stock are sold short.

Invesco DB Energy Fund Price Performance

NYSEARCA DBE traded down $0.37 during trading hours on Friday, reaching $30.07. 45,555 shares of the company’s stock traded hands, compared to its average volume of 69,206. Invesco DB Energy Fund has a 52-week low of $17.01 and a 52-week high of $34.36. The firm has a market cap of $87.20 million, a PE ratio of 3.72 and a beta of -0.03. The firm has a 50-day simple moving average of $30.63 and a 200 day simple moving average of $23.58.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its position in Invesco DB Energy Fund by 105.0% during 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 acquiring an additional 777 shares during the period. Knights of Columbus Asset Advisors LLC raised its holdings in Invesco DB Energy Fund by 24.9% in the third quarter. Knights of Columbus Asset Advisors LLC now owns 3,702 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 739 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Invesco DB Energy Fund by 32.3% in the second quarter. Osaic Holdings Inc. now owns 3,876 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 947 shares during the last quarter. Barclays PLC purchased a new position in Invesco DB Energy Fund in the fourth quarter worth about $89,000. Finally, Flow Traders U.S. LLC purchased a new position in Invesco DB Energy Fund in the third quarter worth about $221,000.

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).