Short Interest in Invesco DB Base Metals Fund (NYSEARCA:DBB) Increases By 153.6%

Invesco DB Base Metals Fund (NYSEARCA:DBB) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 73,985 shares, an increase of 153.6% from the August 15th total of 29,177 shares. Based on an average daily volume of 199,811 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the shares of the company are sold short.

Invesco DB Base Metals Fund Trading Down 0.2%

Shares of NYSEARCA:DBB traded down $0.04 on Tuesday, hitting $25.02. The company had a trading volume of 35,817 shares, compared to its average volume of 378,221. Invesco DB Base Metals Fund has a 1-year low of $19.95 and a 1-year high of $26.71. The stock has a market cap of $361.47 million, a price-to-earnings ratio of 3.20 and a beta of 0.53. The stock has a 50 day moving average price of $25.18 and a 200 day moving average price of $24.87.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in Invesco DB Base Metals Fund by 70.7% in the 1st quarter. Bank of America Corp DE now owns 383,287 shares of the company’s stock valued at $9,007,000 after purchasing an additional 158,721 shares during the period. HighTower Advisors LLC grew its holdings in Invesco DB Base Metals Fund by 0.8% in the 4th quarter. HighTower Advisors LLC now owns 246,042 shares of the company’s stock valued at $5,644,000 after buying an additional 2,038 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Invesco DB Base Metals Fund by 216.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 245,621 shares of the company’s stock worth $5,919,000 after buying an additional 168,112 shares during the period. Solstein Capital LLC increased its position in Invesco DB Base Metals Fund by 26.2% during the 2nd quarter. Solstein Capital LLC now owns 158,890 shares of the company’s stock worth $3,829,000 after buying an additional 33,023 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Invesco DB Base Metals Fund during the first quarter worth $1,207,000. 40.73% of the stock is owned by institutional investors.

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.