Invesco DB Agriculture Fund (NYSEARCA:DBA) Short Interest Down 76.1% in January

Invesco DB Agriculture Fund (NYSEARCA:DBA) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 61,316 shares, a drop of 76.1% from the January 15th total of 256,743 shares. Based on an average daily volume of 242,496 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 242,496 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Invesco DB Agriculture Fund

A number of institutional investors have recently modified their holdings of the stock. Passaic Partners LLC acquired a new position in Invesco DB Agriculture Fund during the 4th quarter worth approximately $9,972,000. Quadrature Capital Ltd acquired a new stake in Invesco DB Agriculture Fund in the second quarter valued at approximately $5,671,000. Jane Street Group LLC grew its stake in shares of Invesco DB Agriculture Fund by 513.6% during the first quarter. Jane Street Group LLC now owns 137,350 shares of the exchange traded fund’s stock worth $3,618,000 after buying an additional 114,965 shares during the last quarter. VestGen Advisors LLC acquired a new position in shares of Invesco DB Agriculture Fund during the second quarter worth $2,011,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of Invesco DB Agriculture Fund during the second quarter worth $1,196,000. 38.63% of the stock is currently owned by institutional investors.

Invesco DB Agriculture Fund Stock Performance

Shares of NYSEARCA DBA traded up $0.09 during midday trading on Wednesday, reaching $25.82. The company’s stock had a trading volume of 149,771 shares, compared to its average volume of 263,413. The company has a market cap of $726.83 million, a P/E ratio of 11.32 and a beta of 0.21. The business’s 50 day moving average price is $25.86 and its two-hundred day moving average price is $26.40. Invesco DB Agriculture Fund has a fifty-two week low of $25.27 and a fifty-two week high of $28.49.

About Invesco DB Agriculture Fund

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.