Short Interest in Invesco DB Agriculture Fund (NYSEARCA:DBA) Decreases By 37.1%

Invesco DB Agriculture Fund (NYSEARCA:DBAGet Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 154,908 shares, a drop of 37.1% from the November 30th total of 246,404 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 211,120 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 211,120 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the shares of the stock are short sold.

Invesco DB Agriculture Fund Stock Down 0.3%

Shares of DBA traded down $0.08 on Tuesday, reaching $25.57. The stock had a trading volume of 177,060 shares, compared to its average volume of 282,804. Invesco DB Agriculture Fund has a twelve month low of $25.27 and a twelve month high of $28.49. The firm has a market capitalization of $742.81 million, a PE ratio of 11.32 and a beta of 0.21. The firm has a 50-day moving average of $26.24 and a 200 day moving average of $26.49.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of DBA. Raymond James Financial Inc. lifted its stake in Invesco DB Agriculture Fund by 6.0% in the third quarter. Raymond James Financial Inc. now owns 61,123 shares of the exchange traded fund’s stock valued at $1,636,000 after buying an additional 3,438 shares during the last quarter. Equitable Holdings Inc. grew its position in Invesco DB Agriculture Fund by 9.0% in the 3rd quarter. Equitable Holdings Inc. now owns 69,010 shares of the exchange traded fund’s stock worth $1,847,000 after purchasing an additional 5,683 shares during the last quarter. Comerica Bank increased its stake in shares of Invesco DB Agriculture Fund by 28.1% in the third quarter. Comerica Bank now owns 7,106 shares of the exchange traded fund’s stock valued at $190,000 after purchasing an additional 1,559 shares during the period. Blair William & Co. IL bought a new stake in shares of Invesco DB Agriculture Fund during the third quarter valued at approximately $205,000. Finally, Two Sigma Securities LLC boosted its position in shares of Invesco DB Agriculture Fund by 17.1% during the second quarter. Two Sigma Securities LLC now owns 10,945 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 1,602 shares during the period. 38.63% of the stock is currently owned by institutional investors and hedge funds.

Invesco DB Agriculture Fund Company Profile

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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.

Further Reading

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