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

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,401,568 shares, an increase of 548.2% from the April 15th total of 370,514 shares. Approximately 6.7% of the shares of the stock are short sold. Based on an average trading volume of 1,793,585 shares, the short-interest ratio is presently 1.3 days.

Invesco DB Agriculture Fund Price Performance

Shares of NYSEARCA DBA traded down $0.49 during mid-day trading on Thursday, reaching $28.25. The company’s stock had a trading volume of 978,013 shares, compared to its average volume of 1,184,915. The firm has a market capitalization of $1.26 billion, a PE ratio of 11.32 and a beta of 0.12. The stock has a fifty day moving average of $27.18 and a two-hundred day moving average of $26.41. Invesco DB Agriculture Fund has a 52 week low of $25.40 and a 52 week high of $28.84.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of hedge funds have recently made changes to their positions in the company. Group One Trading LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the first quarter worth about $1,183,000. Dorsey Wright & Associates purchased a new stake in shares of Invesco DB Agriculture Fund in the first quarter worth about $653,000. D.A. Davidson & CO. lifted its position in shares of Invesco DB Agriculture Fund by 7.7% in the first quarter. D.A. Davidson & CO. now owns 75,408 shares of the exchange traded fund’s stock worth $2,060,000 after buying an additional 5,394 shares in the last quarter. IMC Chicago LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the first quarter worth about $1,736,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the first quarter worth about $265,000. 38.63% of the stock is currently owned by hedge funds and other institutional investors.

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.