Invesco DB Base Metals Fund (NYSEARCA:DBB) Short Interest Update

Invesco DB Base Metals Fund (NYSEARCA:DBB) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 135,438 shares, a decrease of 67.9% from the June 15th total of 422,375 shares. Based on an average trading volume of 315,570 shares, the short-interest ratio is presently 0.4 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Trading of Invesco DB Base Metals Fund

A number of institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp purchased a new position in Invesco DB Base Metals Fund during the 1st quarter worth $35,000. Raymond James Financial Inc. purchased a new stake in Invesco DB Base Metals Fund in the second quarter valued at about $62,000. Aptus Capital Advisors LLC purchased a new stake in Invesco DB Base Metals Fund in the fourth quarter valued at about $93,000. Kestra Advisory Services LLC acquired a new stake in Invesco DB Base Metals Fund in the fourth quarter worth about $103,000. Finally, Ancora Advisors LLC grew its position in Invesco DB Base Metals Fund by 100.0% during the 3rd quarter. Ancora Advisors LLC now owns 5,200 shares of the company’s stock worth $107,000 after purchasing an additional 2,600 shares during the last quarter. Institutional investors and hedge funds own 40.73% of the company’s stock.

Invesco DB Base Metals Fund Stock Performance

DBB traded up $0.10 during trading on Monday, hitting $24.55. The stock had a trading volume of 51,008 shares, compared to its average volume of 444,544. The company has a market capitalization of $304.48 million, a PE ratio of 3.20 and a beta of 0.53. Invesco DB Base Metals Fund has a twelve month low of $17.81 and a twelve month high of $26.71. The stock has a 50 day simple moving average of $25.24 and a two-hundred day simple moving average of $24.36.

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.