Invesco DB Agriculture Fund (NYSEARCA:DBA) Short Interest Up 449.2% in August

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,247,747 shares, a growth of 449.2% from the August 15th total of 227,193 shares. Currently, 2.9% of the company’s stock are sold short. Based on an average trading volume of 1,604,910 shares, the short-interest ratio is presently 0.8 days.

Invesco DB Agriculture Fund Price Performance

Shares of DBA traded down $0.39 during mid-day trading on Friday, hitting $28.93. 1,330,620 shares of the company’s stock were exchanged, compared to its average volume of 1,195,067. Invesco DB Agriculture Fund has a 52 week low of $25.40 and a 52 week high of $29.52. The company has a market cap of $1.25 billion, a PE ratio of 11.32 and a beta of 0.11. The company has a 50-day simple moving average of $28.16 and a 200 day simple moving average of $27.43.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake in shares of Invesco DB Agriculture Fund by 513.6% during the 1st 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. Creative Planning increased its position in shares of Invesco DB Agriculture Fund by 28.2% in the second quarter. Creative Planning now owns 11,804 shares of the exchange traded fund’s stock valued at $309,000 after acquiring an additional 2,600 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in Invesco DB Agriculture Fund by 5.4% during the second quarter. Daiwa Securities Group Inc. now owns 151,500 shares of the exchange traded fund’s stock worth $3,962,000 after acquiring an additional 7,800 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Invesco DB Agriculture Fund by 48.5% during the second quarter. The Manufacturers Life Insurance Company now owns 87,229 shares of the exchange traded fund’s stock worth $2,281,000 after acquiring an additional 28,505 shares in the last quarter. Finally, Main Street Financial Solutions LLC acquired a new position in Invesco DB Agriculture Fund during the second quarter valued at approximately $427,000. 38.63% of the stock is currently owned by institutional investors and hedge funds.

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.