Invesco DB Oil Fund (NYSEARCA:DBO – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 366,285 shares, a growth of 2,611.0% from the February 26th total of 13,511 shares. Based on an average daily trading volume, of 4,266,954 shares, the days-to-cover ratio is presently 0.1 days. Approximately 2.2% of the shares of the stock are sold short. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,266,954 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in DBO. E Fund Management Co. Ltd. bought a new stake in shares of Invesco DB Oil Fund in the second quarter worth about $11,045,000. Flow Traders U.S. LLC purchased a new position in Invesco DB Oil Fund during the 3rd quarter valued at approximately $1,405,000. Jane Street Group LLC grew its holdings in Invesco DB Oil Fund by 65.8% during the 1st 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. IHT Wealth Management LLC bought a new stake in Invesco DB Oil Fund in the 4th quarter worth approximately $479,000. Finally, Strategic Financial Concepts LLC bought a new stake in Invesco DB Oil Fund in the 4th quarter worth approximately $363,000.
Invesco DB Oil Fund News Roundup
Here are the key news stories impacting Invesco DB Oil Fund this week:
- Positive Sentiment: Middle East supply risk pushed crude back above $100, supporting oil exposure held by DBO. Higher geopolitical risk typically lifts oil ETFs. Oil Rebounds Above $100 on Fears Middle East Conflict Lacks Exit Plan
- Positive Sentiment: Markets are reassessing supply disruption risks after conflicting signals about U.S.–Iran talks; that uncertainty is propping up oil futures and benefits DBO. Oil rises as markets assess supply risks after Iran denies US talks
- Positive Sentiment: U.S. Energy Secretary said further releases from the Strategic Petroleum Reserve are unlikely, removing a potential cap on prices — a tailwind for oil-linked ETFs like DBO. US energy chief tells CNBC further SPR oil release is unlikely
- Neutral Sentiment: Large, concentrated bets and volume spikes in oil futures minutes before a major political post have increased volatility — this can amplify intraday moves in DBO but is not a directional fundamental change. Traders bet $500 million on oil price just before Trump’s post
- Neutral Sentiment: India’s Reliance purchased Iranian crude after a U.S. waiver — modestly increases flows to refiners and could add downward pressure to sentiment if larger flows continue, but impact on benchmarks is mixed. India’s Reliance buys 5 million barrels of Iranian oil after US waiver
- Negative Sentiment: DBO saw a very large spike in short interest in March (shorts jumped from ~13.5k to ~366k shares). While days-to-cover remains tiny given high average volume, the surge indicates some traders are betting on a pullback or using DBO for tactical trades — a potential headwind if oil softens. (Source: short interest report)
- Negative Sentiment: Some governments (e.g., Japan) are preparing releases from strategic stockpiles and the IEA is consulting on potential releases — coordinated releases could cap rallies and pressure oil-related ETFs. Japan to start releasing oil from joint stockpiles by end-March
Invesco DB Oil Fund Trading Up 3.4%
About Invesco DB Oil Fund
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.
Featured Stories
Receive News & Ratings for Invesco DB Oil Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DB Oil Fund and related companies with MarketBeat.com's FREE daily email newsletter.
