Invesco DB Energy Fund (NYSEARCA:DBE) Short Interest Up 260.1% in August

Invesco DB Energy Fund (NYSEARCA:DBE) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 33,925 shares, an increase of 260.1% from the August 15th total of 9,420 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 25,253 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of Invesco DB Energy Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers increased its stake in shares of Invesco DB Energy Fund by 29.1% during the second 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. The Manufacturers Life Insurance Company lifted its position in 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 purchasing an additional 67,405 shares during the period. Jane Street Group LLC lifted its position in 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 during the period. Ameriprise Financial Inc. boosted its holdings in Invesco DB Energy Fund by 23.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 84,035 shares of the exchange traded fund’s stock valued at $1,566,000 after purchasing an additional 16,234 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Invesco DB Energy Fund by 3.7% in the 2nd quarter. Bank of America Corp DE now owns 56,181 shares of the exchange traded fund’s stock valued at $1,047,000 after purchasing an additional 1,993 shares in the last quarter.

Invesco DB Energy Fund Stock Down 3.0%

Shares of NYSEARCA DBE traded down $1.14 during mid-day trading on Friday, hitting $37.18. 33,764 shares of the company were exchanged, compared to its average volume of 60,422. The stock has a 50 day simple moving average of $31.51 and a 200-day simple moving average of $29.76. Invesco DB Energy Fund has a 1-year low of $17.01 and a 1-year high of $38.32. The firm has a market cap of $117.12 million, a price-to-earnings ratio of 3.72 and a beta of -0.06.

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).