Invesco DB Energy Fund (NYSEARCA:DBE) Short Interest Down 47.5% in February

Invesco DB Energy Fund (NYSEARCA:DBE) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 10,789 shares, a decline of 47.5% from the February 12th total of 20,549 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 21,671 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 21,671 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the shares of the company are sold short.

Invesco DB Energy Fund Stock Up 6.3%

DBE traded up $1.69 during trading on Thursday, hitting $28.48. 56,863 shares of the company traded hands, compared to its average volume of 34,247. Invesco DB Energy Fund has a one year low of $16.22 and a one year high of $28.59. The stock’s fifty day moving average is $20.02 and its 200 day moving average is $19.20. The firm has a market cap of $66.93 million, a P/E ratio of 3.72 and a beta of 0.26.

Institutional Trading of Invesco DB Energy Fund

Hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers grew its stake in shares of Invesco DB Energy Fund by 29.1% during the 2nd quarter. Cetera Investment Advisers now owns 29,178 shares of the exchange traded fund’s stock worth $544,000 after acquiring an additional 6,578 shares during the period. M Holdings Securities Inc. purchased a new position in Invesco DB Energy Fund in the 2nd quarter valued at approximately $1,015,000. The Manufacturers Life Insurance Company raised its holdings in Invesco DB Energy Fund by 248.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 94,589 shares of the exchange traded fund’s stock valued at $1,762,000 after acquiring an additional 67,405 shares during the period. Jane Street Group LLC lifted its holdings in Invesco DB Energy Fund by 180.0% during the 2nd quarter. Jane Street Group LLC now owns 46,978 shares of the exchange traded fund’s stock worth $875,000 after purchasing an additional 30,203 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in Invesco DB Energy Fund by 23.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 84,035 shares of the exchange traded fund’s stock valued at $1,566,000 after buying an additional 16,234 shares in the last quarter.

Invesco DB Energy Fund Company Profile

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).