Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Significant Decrease in Short Interest

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 154,908 shares, a drop of 37.1% from the November 30th total of 246,404 shares. Based on an average trading volume of 211,120 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 211,120 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DBA. Strategic Investment Solutions Inc. IL bought a new stake in shares of Invesco DB Agriculture Fund during the third quarter valued at approximately $27,000. Advisory Services Network LLC purchased a new stake in Invesco DB Agriculture Fund during the 3rd quarter valued at $41,000. Verity Asset Management Inc. bought a new stake in shares of Invesco DB Agriculture Fund in the 3rd quarter worth $383,000. Prelude Capital Management LLC bought a new stake in shares of Invesco DB Agriculture Fund in the 3rd quarter worth $321,000. Finally, National Bank of Canada FI raised its stake in shares of Invesco DB Agriculture Fund by 3.9% in the third quarter. National Bank of Canada FI now owns 32,100 shares of the exchange traded fund’s stock worth $859,000 after purchasing an additional 1,195 shares during the last quarter. Institutional investors own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Stock Performance

Shares of DBA traded down $0.01 during trading hours on Monday, hitting $25.65. The company had a trading volume of 171,792 shares, compared to its average volume of 283,231. The stock has a market capitalization of $745.13 million, a price-to-earnings ratio of 11.32 and a beta of 0.21. The firm has a fifty day moving average price of $26.29 and a 200-day moving average price of $26.51. Invesco DB Agriculture Fund has a 52-week low of $25.27 and a 52-week high of $28.49.

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.