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

Invesco DB Energy Fund (NYSEARCA:DBE) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 74,724 shares, a growth of 592.6% from the February 26th total of 10,789 shares. Approximately 3.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 100,933 shares, the days-to-cover ratio is presently 0.7 days.

Invesco DB Energy Fund Trading Up 3.5%

NYSEARCA:DBE traded up $1.00 during trading hours on Thursday, hitting $29.40. 54,171 shares of the stock were exchanged, compared to its average volume of 45,974. The firm’s fifty day moving average price is $22.05 and its 200 day moving average price is $19.83. Invesco DB Energy Fund has a 52-week low of $16.22 and a 52-week high of $30.73. The company has a market cap of $69.09 million, a P/E ratio of 3.72 and a beta of 0.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company raised its position in shares of Invesco DB Energy Fund by 248.0% in the second quarter. The Manufacturers Life Insurance Company now owns 94,589 shares of the exchange traded fund’s stock valued at $1,762,000 after buying an additional 67,405 shares during the last quarter. Susquehanna International Group LLP lifted its stake 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 worth $1,752,000 after purchasing an additional 66,537 shares in the last quarter. M Holdings Securities Inc. purchased a new position in Invesco DB Energy Fund in the 2nd quarter worth approximately $1,015,000. Jane Street Group LLC grew its position in shares of Invesco DB Energy Fund by 180.0% in the second quarter. Jane Street Group LLC now owns 46,978 shares of the exchange traded fund’s stock valued at $875,000 after purchasing an additional 30,203 shares in the last quarter. Finally, Blueprint Investment Partners LLC acquired a new stake in shares of Invesco DB Energy Fund in the third quarter valued at approximately $310,000.

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).