Invesco DB Agriculture Fund (NYSEARCA:DBA) Short Interest Up 453.5% in June

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,332,106 shares, an increase of 453.5% from the June 15th total of 601,999 shares. Currently, 7.5% of the shares of the company are short sold. Based on an average daily volume of 1,261,967 shares, the days-to-cover ratio is presently 2.6 days.

Hedge Funds Weigh In On Invesco DB Agriculture Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. MGO One Seven LLC raised its position in shares of Invesco DB Agriculture Fund by 27.5% during the 4th quarter. MGO One Seven LLC now owns 111,953 shares of the exchange traded fund’s stock worth $2,857,000 after buying an additional 24,164 shares in the last quarter. Citizens Financial Group Inc. RI boosted its holdings in shares of Invesco DB Agriculture Fund by 1.4% in the fourth quarter. Citizens Financial Group Inc. RI now owns 140,569 shares of the exchange traded fund’s stock valued at $3,587,000 after acquiring an additional 1,973 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Invesco DB Agriculture Fund in the fourth quarter valued at approximately $63,000. D.A. Davidson & CO. increased its stake in shares of Invesco DB Agriculture Fund by 67.1% during the fourth quarter. D.A. Davidson & CO. now owns 70,014 shares of the exchange traded fund’s stock valued at $1,787,000 after acquiring an additional 28,116 shares during the period. Finally, PFG Investments LLC increased its stake in shares of Invesco DB Agriculture Fund by 253.0% during the fourth quarter. PFG Investments LLC now owns 60,175 shares of the exchange traded fund’s stock valued at $1,536,000 after acquiring an additional 43,126 shares during the period. 38.63% of the stock is currently owned by institutional investors and hedge funds.

Invesco DB Agriculture Fund Stock Down 0.2%

NYSEARCA DBA traded down $0.05 on Monday, hitting $27.72. The stock had a trading volume of 1,160,019 shares, compared to its average volume of 1,205,186. Invesco DB Agriculture Fund has a one year low of $25.40 and a one year high of $28.84. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 11.32 and a beta of 0.11. The company’s 50-day moving average is $27.26 and its two-hundred day moving average is $26.65.

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.