Invesco DB Agriculture Fund (NYSEARCA:DBA) Stock Short Interest Falls 67.5%

Invesco DB Agriculture Fund (NYSEARCA:DBA) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 116,174 shares, a decrease of 67.5% from the September 15th total of 357,382 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 1,077,221 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Several institutional investors have recently added to or reduced their stakes in DBA. Fifth Third Bancorp grew its holdings in Invesco DB Agriculture Fund by 107.2% in the 1st quarter. Fifth Third Bancorp now owns 22,378 shares of the exchange traded fund’s stock worth $611,000 after acquiring an additional 11,578 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Invesco DB Agriculture Fund by 17.6% during the first quarter. Kestra Advisory Services LLC now owns 165,960 shares of the exchange traded fund’s stock worth $4,534,000 after purchasing an additional 24,780 shares during the period. IMC Chicago LLC purchased a new stake in shares of Invesco DB Agriculture Fund during the first quarter worth about $1,736,000. Nwam LLC bought a new stake in shares of Invesco DB Agriculture Fund in the first quarter worth about $2,133,000. Finally, Citizens Financial Group Inc. RI increased its holdings in Invesco DB Agriculture Fund by 2.3% during the 1st quarter. Citizens Financial Group Inc. RI now owns 143,847 shares of the exchange traded fund’s stock valued at $3,930,000 after purchasing an additional 3,278 shares during the period. Hedge funds and other institutional investors own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Stock Performance

DBA traded down $0.01 on Tuesday, hitting $28.43. 636,601 shares of the company were exchanged, compared to its average volume of 1,185,637. The firm has a fifty day simple moving average of $28.45 and a two-hundred day simple moving average of $27.73. Invesco DB Agriculture Fund has a 12 month low of $25.40 and a 12 month high of $29.52. The stock has a market capitalization of $1.23 billion, a PE ratio of 11.32 and a beta of 0.12.

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.