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

Invesco DB Energy Fund (NYSEARCA:DBE) was the target of a large decline in short interest in March. As of March 31st, there was short interest totaling 41,891 shares, a decline of 43.9% from the March 15th total of 74,724 shares. Based on an average daily volume of 127,723 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.4% of the shares of the stock are short sold.

Invesco DB Energy Fund Trading Up 0.3%

Shares of NYSEARCA DBE traded up $0.08 during midday trading on Wednesday, reaching $28.56. The company’s stock had a trading volume of 36,779 shares, compared to its average volume of 64,784. The company has a 50 day moving average price of $25.05 and a 200 day moving average price of $20.86. Invesco DB Energy Fund has a one year low of $16.87 and a one year high of $31.37. The company has a market cap of $82.82 million, a price-to-earnings ratio of 3.72 and a beta of -0.11.

Institutional Trading of Invesco DB Energy Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC raised its holdings in shares of Invesco DB Energy Fund by 5.7% in the 2nd quarter. Advisory Services Network LLC now owns 177,051 shares of the exchange traded fund’s stock worth $3,509,000 after purchasing an additional 9,553 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Invesco DB Energy Fund by 55.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 97,138 shares of the exchange traded fund’s stock worth $1,697,000 after purchasing an additional 34,547 shares in the last quarter. Susquehanna International Group LLP raised its holdings in shares of Invesco DB Energy Fund by 260.0% in the 3rd quarter. Susquehanna International Group LLP now owns 92,125 shares of the exchange traded fund’s stock worth $1,752,000 after purchasing an additional 66,537 shares in the last quarter. Equitable Holdings Inc. raised its holdings in shares of Invesco DB Energy Fund by 18.1% in the 4th quarter. Equitable Holdings Inc. now owns 88,378 shares of the exchange traded fund’s stock worth $1,544,000 after purchasing an additional 13,564 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Invesco DB Energy Fund by 23.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 84,035 shares of the exchange traded fund’s stock worth $1,566,000 after purchasing an additional 16,234 shares in the last quarter.

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).