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

Invesco DB Agriculture Fund (NYSEARCA:DBA) saw a large increase in short interest in the month of 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. Based on an average daily volume of 297,962 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 297,962 shares, the days-to-cover ratio is presently 0.9 days.

Invesco DB Agriculture Fund Price Performance

Shares of NYSEARCA:DBA traded down $0.01 during trading on Monday, reaching $25.65. The stock had a trading volume of 195,939 shares, compared to its average volume of 266,640. The business’s 50-day moving average price is $25.92 and its 200 day moving average price is $26.41. The stock has a market capitalization of $722.05 million, a PE ratio of 11.32 and a beta of 0.21. Invesco DB Agriculture Fund has a 52 week low of $25.27 and a 52 week high of $28.49.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DBA. Citizens Financial Group Inc. RI increased its stake in Invesco DB Agriculture Fund by 1.4% during the 4th quarter. Citizens Financial Group Inc. RI now owns 140,569 shares of the exchange traded fund’s stock worth $3,587,000 after acquiring an additional 1,973 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in Invesco DB Agriculture Fund in the fourth quarter worth $63,000. D.A. Davidson & CO. increased its holdings in Invesco DB Agriculture Fund by 67.1% during the 4th quarter. D.A. Davidson & CO. now owns 70,014 shares of the exchange traded fund’s stock worth $1,787,000 after purchasing an additional 28,116 shares in the last quarter. PFG Investments LLC increased its stake in Invesco DB Agriculture Fund by 253.0% in the 4th quarter. PFG Investments LLC now owns 60,175 shares of the exchange traded fund’s stock valued at $1,536,000 after buying an additional 43,126 shares during the last quarter. Finally, Westside Investment Management Inc. grew its position in Invesco DB Agriculture Fund by 42.9% during the fourth quarter. Westside Investment Management Inc. now owns 7,724 shares of the exchange traded fund’s stock valued at $197,000 after buying an additional 2,320 shares during the period. 38.63% of the stock is currently owned by institutional investors and hedge funds.

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.