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

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,247,747 shares, a growth of 449.2% from the August 15th total of 227,193 shares. Approximately 2.9% of the company’s stock are short sold. Based on an average daily volume of 1,604,910 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Invesco DB Agriculture Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new position in Invesco DB Agriculture Fund during the 2nd quarter worth $29,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco DB Agriculture Fund in the 4th quarter valued at about $30,000. Group One Trading LLC acquired a new stake in shares of Invesco DB Agriculture Fund in the 2nd quarter valued at about $36,000. Advisory Services Network LLC bought a new position in shares of Invesco DB Agriculture Fund during the third quarter worth about $41,000. Finally, Aptus Capital Advisors LLC bought a new position in shares of Invesco DB Agriculture Fund during the fourth quarter worth about $60,000. Institutional investors own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Trading Down 1.2%

DBA stock traded down $0.36 during midday trading on Friday, hitting $28.95. 338,894 shares of the company’s stock were exchanged, compared to its average volume of 1,188,962. Invesco DB Agriculture Fund has a 12-month low of $25.40 and a 12-month high of $29.52. The firm has a 50 day moving average price of $28.12 and a 200-day moving average price of $27.42. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 11.32 and a beta of 0.11.

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.