Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC – Get Free Report) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 1,037,888 shares, a growth of 78.1% from the February 12th total of 582,647 shares. Based on an average daily trading volume, of 510,124 shares, the short-interest ratio is presently 2.0 days. Approximately 1.9% of the shares of the stock are sold short. Approximately 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 510,124 shares, the short-interest ratio is presently 2.0 days.
Invesco DB Commodity Index Tracking Fund Trading Down 0.5%
Shares of Invesco DB Commodity Index Tracking Fund stock opened at $28.71 on Friday. The company’s 50-day moving average price is $24.59 and its two-hundred day moving average price is $23.32. Invesco DB Commodity Index Tracking Fund has a 52 week low of $19.84 and a 52 week high of $28.93. The stock has a market cap of $1.55 billion, a PE ratio of 5.00 and a beta of 0.24.
Institutional Trading of Invesco DB Commodity Index Tracking Fund
A number of hedge funds have recently bought and sold shares of DBC. Bank of America Corp DE boosted its holdings in shares of Invesco DB Commodity Index Tracking Fund by 1.7% during the third quarter. Bank of America Corp DE now owns 4,123,577 shares of the company’s stock worth $92,904,000 after purchasing an additional 67,602 shares during the period. JPMorgan Chase & Co. boosted its holdings in Invesco DB Commodity Index Tracking Fund by 670.3% in the fourth quarter. JPMorgan Chase & Co. now owns 817,253 shares of the company’s stock worth $18,274,000 after purchasing an additional 711,157 shares in the last quarter. Quadrature Capital Ltd increased its holdings in shares of Invesco DB Commodity Index Tracking Fund by 331.9% during the 2nd quarter. Quadrature Capital Ltd now owns 796,744 shares of the company’s stock valued at $17,373,000 after acquiring an additional 612,267 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Invesco DB Commodity Index Tracking Fund by 1.7% in the third quarter. Envestnet Asset Management Inc. now owns 627,807 shares of the company’s stock valued at $14,144,000 after purchasing an additional 10,765 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Invesco DB Commodity Index Tracking Fund by 194.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 494,207 shares of the company’s stock worth $11,050,000 after acquiring an additional 326,632 shares during the last quarter. 48.28% of the stock is owned by hedge funds and other institutional investors.
Invesco DB Commodity Index Tracking Fund Company Profile
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people
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