Invesco DB Oil Fund (NYSEARCA:DBO – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 119,238 shares, a growth of 233.8% from the December 31st total of 35,717 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 428,335 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 428,335 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the shares of the company are sold short.
Key Stories Impacting Invesco DB Oil Fund
Here are the key news stories impacting Invesco DB Oil Fund this week:
- Positive Sentiment: OPEC+ is likely to keep its March production pause, supporting near-term crude prices and underpinning oil-linked funds like DBO. OPEC+ set to keep oil production pause for March
- Positive Sentiment: Heightened U.S.-Iran tensions (market focus on potential strikes) are elevating risk premia in crude, boosting short-term oil price upside and benefiting DBO exposure. Natural Gas, WTI Oil, Brent Oil Forecasts – Traders Stay Focused On Iran
- Positive Sentiment: Technical indicators show crude breaking key resistance / 200-day average, signaling momentum that can extend gains in oil futures and fund wrappers such as DBO. Crude Oil Price Forecast: Breakout Signals Potential Upside Continuation
- Neutral Sentiment: Exxon Mobil reported Q4 beats helped by lower-cost production, which highlights industry resilience but has a mixed/limited direct effect on short-term oil supply — neutral for DBO. Exxon beats Wall Street targets for Q4 profit
- Neutral Sentiment: Talks to restart Trinidad & Tobago’s Guaracara refinery with Indian Oil could lift regional product flows if completed, but timing and scale make near-term impact on crude markets uncertain. Trinidad and Tobago in talks with Indian Oil to revive refinery
- Negative Sentiment: The U.S. has told India it can resume Venezuelan crude purchases soon, which could add supply to global markets and weigh on prices over time — a headwind for DBO. US pitches Venezuelan crude to India as its Russian oil imports slow
- Negative Sentiment: The U.S. eased some sanctions on Venezuela’s oil industry and Venezuela approved sweeping oil-law reforms — both moves increase the prospect of more Venezuelan output and longer-term supply, which could cap upside for DBO. US eases sanctions on Venezuelan oil industry
Institutional Trading of Invesco DB Oil Fund
A number of institutional investors have recently made changes to their positions in DBO. E Fund Management Co. Ltd. acquired a new position in shares of Invesco DB Oil Fund during the second quarter valued at approximately $11,045,000. Prudential PLC increased its position in shares of Invesco DB Oil Fund by 0.7% during the 3rd quarter. Prudential PLC now owns 547,222 shares of the company’s stock valued at $7,360,000 after purchasing an additional 3,600 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Invesco DB Oil Fund by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 194,731 shares of the company’s stock worth $2,574,000 after buying an additional 1,299 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Invesco DB Oil Fund by 275.1% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 170,300 shares of the company’s stock valued at $2,251,000 after buying an additional 124,900 shares during the period. Finally, Jane Street Group LLC boosted its stake in Invesco DB Oil Fund by 65.8% during the first quarter. Jane Street Group LLC now owns 111,002 shares of the company’s stock valued at $1,591,000 after buying an additional 44,054 shares in the last quarter.
Invesco DB Oil Fund Stock Up 0.6%
Invesco DB Oil Fund Company Profile
PowerShares DB Oil Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund is a based on the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). The Fund seeks to track the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil 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.
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