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

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the target of a large growth in short interest in 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 volume of 1,793,585 shares, the short-interest ratio is currently 1.3 days. Currently, 6.7% of the company’s stock are sold short.

Invesco DB Agriculture Fund Trading Up 0.9%

Shares of NYSEARCA:DBA traded up $0.26 during trading on Tuesday, hitting $28.59. 958,948 shares of the company’s stock traded hands, compared to its average volume of 1,167,811. Invesco DB Agriculture Fund has a 52 week low of $25.40 and a 52 week high of $28.60. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 11.32 and a beta of 0.12. The company has a 50-day moving average price of $27.07 and a 200-day moving average price of $26.39.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Several institutional investors have recently bought and sold shares of DBA. Passaic Partners LLC acquired a new position in shares of Invesco DB Agriculture Fund during the 4th quarter worth approximately $9,972,000. Jane Street Group LLC increased its position 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 purchasing an additional 114,965 shares during the last quarter. Nwam LLC acquired a new position in shares of Invesco DB Agriculture Fund during the 1st quarter worth approximately $2,133,000. IMC Chicago LLC acquired a new position in shares of Invesco DB Agriculture Fund during the 1st quarter worth approximately $1,736,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of Invesco DB Agriculture Fund during the 2nd quarter worth approximately $1,196,000. Institutional investors own 38.63% of the company’s stock.

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.