Power Shares Db Commodity Index Tracking Fund (DBC) Short Interest Down 35.7% in January

Power Shares Db Commodity Index Tracking Fund (BMV:DBC) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 7,611,451 shares, a decrease of 35.7% from the January 12th total of 11,828,266 shares. Based on an average daily volume of 5,320,790 shares, the days-to-cover ratio is currently 1.4 days.

Power Shares Db Commodity Index Tracking Fund (BMV DBC) opened at $16.54 on Friday. Power Shares Db Commodity Index Tracking Fund has a 1 year low of $246.70 and a 1 year high of $330.00.

A number of hedge funds have recently bought and sold shares of the business. PFS Investments Inc. bought a new position in Power Shares Db Commodity Index Tracking Fund during the fourth quarter valued at $385,000. Lake Street Advisors Group LLC bought a new position in Power Shares Db Commodity Index Tracking Fund during the fourth quarter valued at $336,000. Jane Street Group LLC increased its position in Power Shares Db Commodity Index Tracking Fund by 130.8% during the fourth quarter. Jane Street Group LLC now owns 327,499 shares of the company’s stock valued at $5,440,000 after acquiring an additional 185,625 shares during the last quarter. LPL Financial LLC increased its position in Power Shares Db Commodity Index Tracking Fund by 35.5% during the fourth quarter. LPL Financial LLC now owns 386,163 shares of the company’s stock valued at $6,414,000 after acquiring an additional 101,119 shares during the last quarter. Finally, Millennium Management LLC bought a new position in Power Shares Db Commodity Index Tracking Fund during the fourth quarter valued at $181,000.

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