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 in 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. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 297,962 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 297,962 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the shares of the company are short sold.

Invesco DB Agriculture Fund Price Performance

Invesco DB Agriculture Fund stock opened at $25.66 on Friday. Invesco DB Agriculture Fund has a 12 month low of $25.27 and a 12 month high of $28.49. The company has a fifty day moving average price of $25.92 and a two-hundred day moving average price of $26.41. The company has a market cap of $722.33 million, a PE ratio of 11.32 and a beta of 0.21.

Hedge Funds Weigh In On Invesco DB Agriculture Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of DBA. CWM LLC grew its position in shares of Invesco DB Agriculture Fund by 2.2% during the second quarter. CWM LLC now owns 18,579 shares of the exchange traded fund’s stock worth $486,000 after acquiring an additional 396 shares during the last quarter. Spire Wealth Management grew its position in Invesco DB Agriculture Fund by 1.1% in the 2nd quarter. Spire Wealth Management now owns 46,728 shares of the exchange traded fund’s stock worth $1,222,000 after purchasing an additional 500 shares during the last quarter. Advyzon Investment Management LLC raised its holdings in shares of Invesco DB Agriculture Fund by 6.2% during the third quarter. Advyzon Investment Management LLC now owns 8,947 shares of the exchange traded fund’s stock valued at $239,000 after buying an additional 523 shares during the last quarter. PFG Investments LLC boosted its position in shares of Invesco DB Agriculture Fund by 3.6% during the second quarter. PFG Investments LLC now owns 15,008 shares of the exchange traded fund’s stock worth $392,000 after buying an additional 525 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in Invesco DB Agriculture Fund by 24.4% in the 4th quarter. Sound Income Strategies LLC now owns 3,339 shares of the exchange traded fund’s stock worth $85,000 after buying an additional 655 shares in the last quarter. 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.