Short Interest in Invesco DB Agriculture Fund (NYSEARCA:DBA) Increases By 413.5%

Invesco DB Agriculture Fund (NYSEARCA:DBA) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 243,400 shares, an increase of 413.5% from the August 15th total of 47,400 shares. Based on an average trading volume of 240,400 shares, the short-interest ratio is presently 1.0 days. Approximately 0.8% of the shares of the stock are short sold. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 240,400 shares, the short-interest ratio is presently 1.0 days.

Invesco DB Agriculture Fund Trading Up 0.3%

Shares of NYSEARCA DBA opened at $27.50 on Friday. Invesco DB Agriculture Fund has a 12-month low of $24.78 and a 12-month high of $28.49. The stock has a market cap of $805.75 million, a PE ratio of 11.32 and a beta of 0.18. The company has a 50-day moving average of $26.60 and a 200 day moving average of $26.65.

Institutional Trading of Invesco DB Agriculture Fund

Several hedge funds have recently made changes to their positions in DBA. Group One Trading LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the 2nd quarter valued at approximately $36,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Invesco DB Agriculture Fund in the 4th quarter valued at approximately $55,000. Harbour Investments Inc. grew its stake in shares of Invesco DB Agriculture Fund by 2,444.4% in the 1st quarter. Harbour Investments Inc. now owns 3,206 shares of the exchange traded fund’s stock valued at $84,000 after buying an additional 3,080 shares during the period. WestEnd Advisors LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the 2nd quarter valued at approximately $102,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of Invesco DB Agriculture Fund by 42.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,317 shares of the exchange traded fund’s stock valued at $139,000 after buying an additional 1,588 shares during the period. Hedge funds and other 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.