Invesco DB Base Metals Fund (NYSEARCA:DBB) Short Interest Down 28.0% in February

Invesco DB Base Metals Fund (NYSEARCA:DBB) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 251,661 shares, a decrease of 28.0% from the January 29th total of 349,670 shares. Approximately 2.2% of the shares of the stock are short sold. Based on an average trading volume of 566,119 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 566,119 shares, the short-interest ratio is presently 0.4 days. Approximately 2.2% of the shares of the stock are short sold.

Institutional Trading of Invesco DB Base Metals Fund

A number of institutional investors and hedge funds have recently bought and sold shares of DBB. MAI Capital Management bought a new position in shares of Invesco DB Base Metals Fund during the 3rd quarter valued at about $31,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco DB Base Metals Fund in the second quarter worth about $62,000. Aptus Capital Advisors LLC bought a new position in Invesco DB Base Metals Fund during the fourth quarter valued at approximately $93,000. Kestra Advisory Services LLC purchased a new position in Invesco DB Base Metals Fund during the 4th quarter valued at approximately $103,000. Finally, Ancora Advisors LLC increased its stake in Invesco DB Base Metals Fund by 100.0% in the 3rd quarter. Ancora Advisors LLC now owns 5,200 shares of the company’s stock worth $107,000 after acquiring an additional 2,600 shares during the last quarter. 40.73% of the stock is currently owned by institutional investors.

Invesco DB Base Metals Fund Trading Down 0.5%

DBB traded down $0.12 on Monday, hitting $24.06. 328,661 shares of the company’s stock traded hands, compared to its average volume of 447,244. The company’s 50 day simple moving average is $23.69 and its 200-day simple moving average is $21.95. Invesco DB Base Metals Fund has a one year low of $17.13 and a one year high of $26.02. The firm has a market cap of $279.10 million, a price-to-earnings ratio of 3.20 and a beta of 0.56.

Invesco DB Base Metals Fund Company Profile

PowerShares DB Base Metals Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust), a Delaware statutory trust organized in seven separate series. The Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Industrial Metals 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.