Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) Short Interest Update

Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,037,888 shares, an increase of 78.1% from the February 12th total of 582,647 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average trading volume of 510,124 shares, the short-interest ratio is presently 2.0 days. Based on an average trading volume of 510,124 shares, the short-interest ratio is presently 2.0 days. Approximately 1.9% of the company’s shares are sold short.

Invesco DB Commodity Index Tracking Fund Price Performance

NYSEARCA DBC opened at $28.86 on Friday. The stock has a market capitalization of $1.56 billion, a PE ratio of 5.00 and a beta of 0.24. Invesco DB Commodity Index Tracking Fund has a 1 year low of $19.84 and a 1 year high of $28.93. The business’s 50-day moving average is $24.46 and its 200 day moving average is $23.26.

Institutional Investors Weigh In On Invesco DB Commodity Index Tracking Fund

Large investors have recently made changes to their positions in the business. Royal Bank of Canada raised its holdings in shares of Invesco DB Commodity Index Tracking Fund by 67.9% during the first quarter. Royal Bank of Canada now owns 140,725 shares of the company’s stock valued at $3,166,000 after acquiring an additional 56,886 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco DB Commodity Index Tracking Fund by 4.3% in the first quarter. NewEdge Advisors LLC now owns 25,118 shares of the company’s stock valued at $565,000 after acquiring an additional 1,039 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Invesco DB Commodity Index Tracking Fund by 127.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 436,068 shares of the company’s stock valued at $9,812,000 after purchasing an additional 244,174 shares during the period. Savant Capital LLC raised its holdings in Invesco DB Commodity Index Tracking Fund by 2.0% in the 2nd quarter. Savant Capital LLC now owns 27,897 shares of the company’s stock worth $608,000 after purchasing an additional 559 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in Invesco DB Commodity Index Tracking Fund by 14.7% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 23,495 shares of the company’s stock worth $512,000 after purchasing an additional 3,004 shares in the last quarter. 48.28% of the stock is currently owned by 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