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

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 612,445 shares, a drop of 81.6% from the June 30th total of 3,332,106 shares. Based on an average trading volume of 935,532 shares, the short-interest ratio is currently 0.7 days. Approximately 1.4% of the shares of the stock are short sold.

Institutional Trading of Invesco DB Agriculture Fund

Several institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN raised its stake in shares of Invesco DB Agriculture Fund by 2.2% during the 4th quarter. Wells Fargo & Company MN now owns 929,129 shares of the exchange traded fund’s stock worth $23,711,000 after buying an additional 19,922 shares during the period. EP Wealth Advisors LLC acquired a new stake in Invesco DB Agriculture Fund in the 4th quarter valued at $683,000. &PARTNERS grew its stake in Invesco DB Agriculture Fund by 3.4% in the 4th quarter. &PARTNERS now owns 26,508 shares of the exchange traded fund’s stock valued at $676,000 after acquiring an additional 864 shares during the period. Index Technologies Group LLC purchased a new stake in Invesco DB Agriculture Fund in the 4th quarter worth $231,000. Finally, Mariner LLC purchased a new stake in Invesco DB Agriculture Fund in the 4th quarter worth $217,000. 38.63% of the stock is owned by institutional investors and hedge funds.

Invesco DB Agriculture Fund Stock Performance

Shares of Invesco DB Agriculture Fund stock traded down $0.61 on Monday, hitting $27.62. The company’s stock had a trading volume of 943,315 shares, compared to its average volume of 1,174,005. Invesco DB Agriculture Fund has a 1 year low of $25.40 and a 1 year high of $28.84. The firm has a fifty day moving average price of $27.22 and a 200-day moving average price of $26.81. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 11.32 and a beta of 0.11.

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.