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

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

Institutional Trading of Invesco DB Agriculture Fund

Several institutional investors have recently added to or reduced their stakes in the business. Canal Capital Management LLC bought a new stake in Invesco DB Agriculture Fund in the first quarter valued at $276,000. Apollon Wealth Management LLC bought a new position in shares of Invesco DB Agriculture Fund during the first quarter worth about $210,000. Brookstone Capital Management acquired a new stake in shares of Invesco DB Agriculture Fund in the 1st quarter worth about $455,000. Rockefeller Capital Management L.P. increased its holdings in shares of Invesco DB Agriculture Fund by 2.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 80,234 shares of the exchange traded fund’s stock worth $2,048,000 after acquiring an additional 1,589 shares during the period. Finally, Compass Capital Corp MA ADV bought a new stake in Invesco DB Agriculture Fund in the 4th quarter valued at about $453,000. Institutional investors own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Stock Performance

Shares of NYSEARCA DBA traded down $0.36 during trading on Friday, reaching $28.95. The stock had a trading volume of 338,894 shares, compared to its average volume of 1,188,962. The stock has a market cap of $1.25 billion, a PE ratio of 11.32 and a beta of 0.11. Invesco DB Agriculture Fund has a one year low of $25.40 and a one year high of $29.52. The firm’s 50 day moving average price is $28.12 and its two-hundred day moving average price is $27.42.

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.