Short Interest in Invesco DB Agriculture Fund (NYSEARCA:DBA) Decreases By 37.1%

by · The Cerbat Gem

Invesco DB Agriculture Fund (NYSEARCA:DBA – Get Free Report) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 154,908 shares, a decline of 37.1% from the November 30th total of 246,404 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 211,120 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 211,120 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.5% of the company’s shares are short sold.

Invesco DB Agriculture Fund Price Performance

Shares of DBA opened at $25.66 on Friday. The company has a market capitalization of $745.42 million, a price-to-earnings ratio of 11.32 and a beta of 0.21. The business has a 50-day moving average of $26.29 and a 200-day moving average of $26.51. Invesco DB Agriculture Fund has a 1 year low of $25.27 and a 1 year high of $28.49.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL bought a new position in Invesco DB Agriculture Fund in the third quarter worth approximately $27,000. Group One Trading LLC acquired a new stake in shares of Invesco DB Agriculture Fund in the 2nd quarter worth about $36,000. Advisory Services Network LLC bought a new position in Invesco DB Agriculture Fund in the 3rd quarter valued at about $41,000. WestEnd Advisors LLC bought a new position in Invesco DB Agriculture Fund in the 2nd quarter valued at about $102,000. Finally, AE Wealth Management LLC acquired a new position in Invesco DB Agriculture Fund during the 3rd quarter valued at about $110,000. Institutional investors and hedge funds own 38.63% of the company’s stock.

Invesco DB Agriculture Fund Company Profile

(Get Free Report)

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.

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