Invesco DB Base Metals Fund (NYSEARCA:DBB) Short Interest Up 69.2% in December

Invesco DB Base Metals Fund (NYSEARCA:DBB) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 197,187 shares, an increase of 69.2% from the November 30th total of 116,541 shares. Based on an average trading volume of 351,919 shares, the short-interest ratio is presently 0.6 days. Currently, 3.1% of the shares of the company are short sold. Currently, 3.1% of the shares of the company are short sold. Based on an average trading volume of 351,919 shares, the short-interest ratio is presently 0.6 days.

Invesco DB Base Metals Fund Stock Performance

Shares of DBB traded down $0.39 during mid-day trading on Monday, reaching $22.48. The stock had a trading volume of 554,187 shares, compared to its average volume of 91,120. The business has a fifty day moving average of $21.87 and a 200 day moving average of $20.51. The firm has a market cap of $143.87 million, a price-to-earnings ratio of 3.20 and a beta of 0.56. Invesco DB Base Metals Fund has a 12 month low of $17.13 and a 12 month high of $22.92.

Institutional Investors Weigh In On Invesco DB Base Metals Fund

Institutional investors have recently bought and sold shares of the business. Susquehanna International Group LLP raised its holdings in Invesco DB Base Metals Fund by 14.3% during the third quarter. Susquehanna International Group LLP now owns 22,866 shares of the company’s stock valued at $470,000 after acquiring an additional 2,866 shares during the period. Ancora Advisors LLC raised its stake 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 valued at $107,000 after purchasing an additional 2,600 shares during the period. Modern Wealth Management LLC lifted its holdings in Invesco DB Base Metals Fund by 4.1% in the 3rd quarter. Modern Wealth Management LLC now owns 63,340 shares of the company’s stock worth $1,301,000 after purchasing an additional 2,500 shares in the last quarter. Solstein Capital LLC lifted its holdings in Invesco DB Base Metals Fund by 74.1% in the 3rd quarter. Solstein Capital LLC now owns 76,293 shares of the company’s stock worth $1,567,000 after purchasing an additional 32,466 shares in the last quarter. Finally, MAI Capital Management bought a new position in Invesco DB Base Metals Fund in the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 40.73% of the company’s stock.

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.