Invesco DB Agriculture Fund (NYSEARCA:DBA) Short Interest Up 48.6% in January

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 256,743 shares, an increase of 48.6% from the December 31st total of 172,802 shares. Based on an average daily volume of 297,962 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 297,962 shares, the days-to-cover ratio is presently 0.9 days.

Hedge Funds Weigh In On Invesco DB Agriculture Fund

Large investors have recently modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new stake in Invesco DB Agriculture Fund during the 3rd quarter worth approximately $27,000. Group One Trading LLC purchased a new position in shares of Invesco DB Agriculture Fund in the 2nd quarter valued at $36,000. Advisory Services Network LLC acquired a new position in shares of Invesco DB Agriculture Fund during the 3rd quarter valued at $41,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Invesco DB Agriculture Fund during the 4th quarter worth $63,000. Finally, Sound Income Strategies LLC raised its position in Invesco DB Agriculture Fund by 24.4% in the fourth quarter. Sound Income Strategies LLC now owns 3,339 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 655 shares during the period. 38.63% of the stock is currently owned by hedge funds and other institutional investors.

Invesco DB Agriculture Fund Stock Down 0.8%

Shares of DBA opened at $25.66 on Friday. Invesco DB Agriculture Fund has a fifty-two week low of $25.27 and a fifty-two week high of $28.49. The company’s fifty day moving average is $25.92 and its two-hundred day moving average is $26.41. The firm has a market cap of $722.33 million, a PE ratio of 11.32 and a beta of 0.21.

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.