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 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. Based on an average trading volume of 761,835 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the company’s shares are short sold.

Invesco DB Agriculture Fund Price Performance

Shares of Invesco DB Agriculture Fund stock traded up $0.37 on Monday, reaching $28.14. The company had a trading volume of 864,742 shares, compared to its average volume of 1,132,223. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 11.32 and a beta of 0.11. The firm’s 50-day moving average price is $27.28 and its two-hundred day moving average price is $27.02. Invesco DB Agriculture Fund has a 1 year low of $25.40 and a 1 year high of $28.84.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Atria Investments Inc boosted its stake in shares of Invesco DB Agriculture Fund by 5.8% during the 2nd quarter. Atria Investments Inc now owns 27,338 shares of the exchange traded fund’s stock worth $729,000 after purchasing an additional 1,492 shares during the period. Camelot Technology Advisors Inc. grew its position in Invesco DB Agriculture Fund by 57.7% in the 2nd quarter. Camelot Technology Advisors Inc. now owns 36,952 shares of the exchange traded fund’s stock valued at $986,000 after acquiring an additional 13,514 shares during the last quarter. Eastern Bank purchased a new position in Invesco DB Agriculture Fund in the 2nd quarter worth about $347,000. Western Wealth Management LLC purchased a new stake in shares of Invesco DB Agriculture Fund in the first quarter valued at approximately $110,000. Finally, Bank of America Corp DE grew its position in shares of Invesco DB Agriculture Fund by 5.1% during the 1st quarter. Bank of America Corp DE now owns 638,182 shares of the exchange traded fund’s stock worth $17,435,000 after buying an additional 31,182 shares in the last quarter. 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. The proceeds from the offering of Shares are invested in the Master Fund.