Short Interest in Invesco DB Agriculture Fund (NYSEARCA:DBA) Declines By 52.4%

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 291,535 shares, a drop of 52.4% from the July 15th total of 612,345 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 761,835 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco DB Agriculture Fund

Several large investors have recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new stake in Invesco DB Agriculture Fund in the 4th quarter valued at about $30,000. Group One Trading LLC bought a new stake in shares of Invesco DB Agriculture Fund during the second quarter valued at approximately $36,000. Advisory Services Network LLC bought a new stake in shares of Invesco DB Agriculture Fund during the third quarter valued at approximately $41,000. Aptus Capital Advisors LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the fourth quarter valued at approximately $60,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the fourth quarter valued at approximately $63,000. Institutional investors own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Trading Up 0.5%

Shares of NYSEARCA:DBA traded up $0.15 during mid-day trading on Friday, reaching $27.77. The stock had a trading volume of 450,823 shares, compared to its average volume of 1,133,948. The company has a market cap of $1.20 billion, a P/E ratio of 11.32 and a beta of 0.11. Invesco DB Agriculture Fund has a 1 year low of $25.40 and a 1 year high of $28.84. The business’s 50 day moving average price is $27.28 and its 200 day moving average price is $27.01.

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.