Short Interest in Invesco DB Energy Fund (NYSEARCA:DBE) Grows By 248.0%

Invesco DB Energy Fund (NYSEARCA:DBE) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 33,312 shares, a growth of 248.0% from the May 14th total of 9,573 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 69,541 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Invesco DB Energy Fund

Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. lifted its position in shares of 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 worth $26,000 after buying an additional 777 shares during the last quarter. Osaic Holdings Inc. lifted its position 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 buying an additional 947 shares during the last quarter. Barclays PLC acquired a new position in Invesco DB Energy Fund during the fourth quarter worth approximately $89,000. Flow Traders U.S. LLC acquired a new position in Invesco DB Energy Fund during the third quarter worth approximately $221,000. Finally, Blueprint Investment Partners LLC acquired a new position in Invesco DB Energy Fund during the third quarter worth approximately $310,000.

Invesco DB Energy Fund Price Performance

Shares of NYSEARCA:DBE traded down $0.73 during trading on Friday, hitting $29.35. 39,364 shares of the company were exchanged, compared to its average volume of 67,716. The stock has a market capitalization of $85.12 million, a P/E ratio of 3.72 and a beta of -0.07. Invesco DB Energy Fund has a 12-month low of $17.01 and a 12-month high of $34.36. The firm’s 50 day moving average price is $30.92 and its 200-day moving average price is $24.39.

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).