Invesco DB Agriculture Fund (NYSEARCA:DBA) Short Interest Update

Invesco DB Agriculture Fund (NYSEARCA:DBA) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 2,401,568 shares, a growth of 548.2% from the April 15th total of 370,514 shares. Based on an average daily trading volume, of 1,793,585 shares, the days-to-cover ratio is presently 1.3 days. Currently, 6.7% of the company’s shares are sold short.

Institutional Trading of Invesco DB Agriculture Fund

Several institutional investors have recently added to or reduced their stakes in DBA. Passaic Partners LLC acquired a new position in Invesco DB Agriculture Fund during the fourth quarter worth $9,972,000. Jane Street Group LLC raised its holdings in shares of 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 buying an additional 114,965 shares during the period. Nwam LLC acquired a new position in Invesco DB Agriculture Fund during the 1st quarter worth about $2,133,000. IMC Chicago LLC acquired a new position in Invesco DB Agriculture Fund during the 1st quarter worth about $1,736,000. Finally, EP Wealth Advisors LLC purchased a new position in Invesco DB Agriculture Fund during the 2nd quarter valued at about $1,196,000. Institutional investors and hedge funds own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Stock Down 1.8%

Shares of DBA traded down $0.53 during trading on Thursday, reaching $28.21. 763,056 shares of the company traded hands, compared to its average volume of 1,182,378. Invesco DB Agriculture Fund has a twelve month low of $25.40 and a twelve month high of $28.84. The stock has a market cap of $1.26 billion, a PE ratio of 11.32 and a beta of 0.12. The stock has a 50-day simple moving average of $27.18 and a 200-day simple moving average of $26.41.

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.