Invesco DB Agriculture Fund (NYSEARCA:DBA) Sees Large Growth in Short Interest

Invesco DB Agriculture Fund (NYSEARCA:DBA) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 4,012,871 shares, an increase of 1,381.8% from the February 26th total of 270,815 shares. Based on an average daily volume of 1,813,224 shares, the days-to-cover ratio is presently 2.2 days. Currently, 14.3% of the company’s stock are short sold. Currently, 14.3% of the company’s stock are short sold. Based on an average daily volume of 1,813,224 shares, the days-to-cover ratio is presently 2.2 days.

Invesco DB Agriculture Fund Stock Up 0.2%

Invesco DB Agriculture Fund stock opened at $26.89 on Wednesday. Invesco DB Agriculture Fund has a twelve month low of $25.27 and a twelve month high of $28.01. The company has a market capitalization of $756.95 million, a P/E ratio of 11.32 and a beta of 0.21. The stock’s 50 day moving average is $26.06 and its 200 day moving average is $26.29.

Institutional Investors Weigh In On Invesco DB Agriculture Fund

A number of institutional investors have recently modified their holdings of DBA. Wells Fargo & Company MN raised its position in shares of Invesco DB Agriculture Fund by 2.2% in the 4th quarter. Wells Fargo & Company MN now owns 929,129 shares of the exchange traded fund’s stock worth $23,711,000 after purchasing an additional 19,922 shares during the last quarter. 1832 Asset Management L.P. grew its position in Invesco DB Agriculture Fund by 8.5% during the 2nd quarter. 1832 Asset Management L.P. now owns 555,547 shares of the exchange traded fund’s stock valued at $14,528,000 after purchasing an additional 43,319 shares during the last quarter. HighTower Advisors LLC increased its stake in Invesco DB Agriculture Fund by 1.0% during the 4th quarter. HighTower Advisors LLC now owns 477,287 shares of the exchange traded fund’s stock valued at $12,180,000 after purchasing an additional 4,686 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Invesco DB Agriculture Fund by 6.2% during the 4th quarter. JPMorgan Chase & Co. now owns 407,253 shares of the exchange traded fund’s stock valued at $10,393,000 after purchasing an additional 23,609 shares in the last quarter. Finally, Passaic Partners LLC purchased a new position in Invesco DB Agriculture Fund in the fourth quarter worth about $9,972,000. 38.63% of the stock is owned by hedge funds and other institutional investors.

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.