Short Interest in Invesco DB Energy Fund (NYSEARCA:DBE) Expands By 2,077.5%

Invesco DB Energy Fund (NYSEARCA:DBE) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 154,931 shares, a growth of 2,077.5% from the November 30th total of 7,115 shares. Based on an average trading volume of 21,778 shares, the days-to-cover ratio is presently 7.1 days. Approximately 6.2% of the shares of the company are sold short. Approximately 6.2% of the shares of the company are sold short. Based on an average trading volume of 21,778 shares, the days-to-cover ratio is presently 7.1 days.

Invesco DB Energy Fund Stock Down 0.5%

Shares of NYSEARCA DBE traded down $0.09 during mid-day trading on Thursday, reaching $17.73. 9,572 shares of the company were exchanged, compared to its average volume of 22,731. The stock has a market capitalization of $44.33 million, a P/E ratio of 3.72 and a beta of 0.26. The company’s 50-day simple moving average is $18.77 and its 200-day simple moving average is $18.98. Invesco DB Energy Fund has a twelve month low of $16.22 and a twelve month high of $20.72.

Institutional Investors Weigh In On Invesco DB Energy Fund

Institutional investors have recently made changes to their positions in the company. Susquehanna International Group LLP grew its holdings in 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 valued at $1,752,000 after buying an additional 66,537 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Invesco DB Energy Fund during the third quarter worth $221,000. Bank of America Corp DE boosted its position in shares of Invesco DB Energy Fund by 1.4% in the third quarter. Bank of America Corp DE now owns 56,972 shares of the exchange traded fund’s stock valued at $1,084,000 after acquiring an additional 791 shares during the period. Equitable Holdings Inc. grew its stake in shares of Invesco DB Energy Fund by 8.4% in the third quarter. Equitable Holdings Inc. now owns 74,814 shares of the exchange traded fund’s stock valued at $1,423,000 after acquiring an additional 5,770 shares in the last quarter. Finally, Blueprint Financial Advisors LLC bought a new position in Invesco DB Energy Fund during the third quarter worth about $310,000.

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).