Invesco DB Precious Metals Fund (NYSEARCA:DBP – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 6,111 shares, a drop of 53.4% from the August 15th total of 13,125 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 6,082 shares, the short-interest ratio is presently 1.0 days.
Invesco DB Precious Metals Fund Price Performance
DBP stock traded down $0.56 during mid-day trading on Wednesday, reaching $98.42. The company had a trading volume of 3,108 shares, compared to its average volume of 18,098. The company has a market capitalization of $197.82 million, a PE ratio of 8.02 and a beta of 0.24. The firm has a 50 day moving average of $98.46 and a 200 day moving average of $104.65. Invesco DB Precious Metals Fund has a 12 month low of $83.02 and a 12 month high of $140.76.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in DBP. The Manufacturers Life Insurance Company boosted its stake in shares of Invesco DB Precious Metals Fund by 4.0% during the first quarter. The Manufacturers Life Insurance Company now owns 139,142 shares of the company’s stock valued at $15,311,000 after purchasing an additional 5,396 shares in the last quarter. Dorsey Wright & Associates boosted its position in Invesco DB Precious Metals Fund by 101.4% during the 1st quarter. Dorsey Wright & Associates now owns 76,185 shares of the company’s stock valued at $8,383,000 after acquiring an additional 38,349 shares in the last quarter. Pinebridge Investments LLC purchased a new position in shares of Invesco DB Precious Metals Fund in the 4th quarter valued at $3,293,000. Fifth Third Bancorp bought a new position in shares of Invesco DB Precious Metals Fund in the 1st quarter worth $3,487,000. Finally, Power Wealth Management LLC raised its position in shares of Invesco DB Precious Metals Fund by 468.3% in the 2nd quarter. Power Wealth Management LLC now owns 11,343 shares of the company’s stock worth $1,049,000 after acquiring an additional 9,347 shares in the last quarter.
More Invesco DB Precious Metals Fund News
- Positive Sentiment: Gold prices rebounded ahead of the Fed decision as traders positioned for the week’s key event, offering near-term support to DBP’s precious-metals exposure. Gold, Silver, Platinum Forecasts – Gold Rebounds Ahead of Fed Decision
- Neutral Sentiment: Gold and silver stabilized as Treasury yields eased, but future guidance on interest rates remains the main catalyst and could quickly change the direction of metals prices. Gold and Silver Price Forecast: Fed Rate Path Takes Center Stage
- Neutral Sentiment: India’s gold imports dropped nearly 58% in August, while silver imports rose 127%. The divergent data points to weaker gold demand but stronger silver demand, producing a mixed signal for DBP. India’s Gold Imports Fall 58%, Silver Imports Rise 127%
- Negative Sentiment: Strategists warned that a resilient economy and persistent inflation could keep interest rates higher in the second half of 2026. Higher rates may weigh on gold initially, although lower prices could create a longer-term buying opportunity. A Hawkish Fed Won’t Keep Gold Price Down for Long
- Negative Sentiment: Gold and silver remain technically vulnerable, with breaks below key support levels potentially triggering additional losses. Gold and Silver Price Forecast: Key Support at Risk
- Negative Sentiment: A Treasury yield above 5%, a stronger dollar and rising inflation concerns have kept sellers in control of gold, creating the primary headwind for DBP. Gold Stays Under Pressure as Oil Heightens Inflation Fears
About Invesco DB Precious Metals Fund
The Invesco DB Precious Metals Fund (DBP) is an exchange-traded fund that is based on the DBIQ Optimum Yield Precious Metals index. The fund tracks an index of gold and silver futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango. DBP was launched on Jan 5, 2007 and is managed by Invesco.
See Also
- Five stocks we like better than Invesco DB Precious Metals Fund
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
Receive News & Ratings for Invesco DB Precious Metals Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB Precious Metals Fund and related companies with MarketBeat.com's FREE daily email newsletter.
