Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Significant Growth in Short Interest

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 256,743 shares, an increase of 48.6% from the December 31st total of 172,802 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 297,962 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 297,962 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.9% of the shares of the stock are sold short.

Institutional Trading of Invesco DB Agriculture Fund

A number of large investors have recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in shares of Invesco DB Agriculture Fund during the 3rd quarter valued at approximately $27,000. Group One Trading LLC purchased a new stake in Invesco DB Agriculture Fund during the second quarter valued at $36,000. Advisory Services Network LLC purchased a new stake in Invesco DB Agriculture Fund during the third quarter valued at $41,000. Kohmann Bosshard Financial Services LLC bought a new position in Invesco DB Agriculture Fund during the fourth quarter valued at $63,000. Finally, Sound Income Strategies LLC lifted its position in Invesco DB Agriculture Fund by 24.4% during the fourth quarter. Sound Income Strategies LLC now owns 3,339 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 655 shares during the last quarter. Institutional investors own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Stock Down 0.0%

Shares of Invesco DB Agriculture Fund stock opened at $25.65 on Tuesday. Invesco DB Agriculture Fund has a twelve month low of $25.27 and a twelve month high of $28.49. The business has a 50-day moving average price of $25.92 and a 200-day moving average price of $26.41. The firm has a market cap of $722.05 million, a price-to-earnings ratio of 11.32 and a beta of 0.21.

Invesco DB Agriculture Fund Company Profile

PowerShares DB Agriculture Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund’s subsidiary is DB Agriculture Master Fund (the Master Fund), a separate series of DB Multi-Sector Commodity Master Trust (the Master Trust). The Fund offers common units of beneficial interest (the Shares) only to certain eligible financial institutions (the Authorized Participants) in one or more blocks of 200,000 Shares, called a Basket. The proceeds from the offering of Shares are invested in the Master Fund.