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

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,012,871 shares, an increase of 1,381.8% from the February 26th total of 270,815 shares. Based on an average trading volume of 1,813,224 shares, the short-interest ratio is currently 2.2 days. Approximately 14.3% of the company’s stock are sold short.

Institutional Trading of Invesco DB Agriculture Fund

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

Invesco DB Agriculture Fund Stock Up 0.5%

DBA traded up $0.15 during trading on Thursday, hitting $27.11. The company had a trading volume of 1,474,315 shares, compared to its average volume of 822,051. The company has a market capitalization of $763.01 million, a PE ratio of 11.32 and a beta of 0.21. Invesco DB Agriculture Fund has a one year low of $25.27 and a one year high of $28.01. The firm’s 50-day moving average price is $26.09 and its 200 day moving average price is $26.29.

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.