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 during the month of 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. Approximately 6.7% of the shares of the company are short sold. Based on an average trading volume of 1,793,585 shares, the days-to-cover ratio is presently 1.3 days.

Invesco DB Agriculture Fund Stock Up 0.9%

Shares of DBA stock traded up $0.26 during trading on Tuesday, reaching $28.59. 958,948 shares of the company’s stock were exchanged, compared to its average volume of 1,167,811. The stock has a market capitalization of $1.03 billion, a PE ratio of 11.32 and a beta of 0.12. Invesco DB Agriculture Fund has a twelve month low of $25.40 and a twelve month high of $28.60. The firm’s fifty day moving average price is $27.07 and its 200-day moving average price is $26.39.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC grew its holdings in Invesco DB Agriculture Fund by 513.6% in the 1st quarter. Jane Street Group LLC now owns 137,350 shares of the exchange traded fund’s stock valued at $3,618,000 after buying an additional 114,965 shares in the last quarter. Creative Planning grew its holdings in Invesco DB Agriculture Fund by 28.2% in the 2nd quarter. Creative Planning now owns 11,804 shares of the exchange traded fund’s stock valued at $309,000 after buying an additional 2,600 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Invesco DB Agriculture Fund by 5.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 151,500 shares of the exchange traded fund’s stock valued at $3,962,000 after buying an additional 7,800 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Invesco DB Agriculture Fund by 48.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 87,229 shares of the exchange traded fund’s stock valued at $2,281,000 after buying an additional 28,505 shares in the last quarter. Finally, Main Street Financial Solutions LLC acquired a new position in Invesco DB Agriculture Fund in the 2nd quarter valued at $427,000. 38.63% of the stock is owned by institutional investors and hedge funds.

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.