Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Sees Significant Drop in Short Interest

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 10,200 shares, adropof22.1% from the July 31st total of 13,100 shares. Based on an average daily volume of 31,200 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 31,200 shares, the short-interest ratio is presently 0.3 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 0.4%

Invesco Agriculture Commodity Strategy No K-1 ETF stock opened at $36.32 on Tuesday. The company has a 50 day moving average price of $35.26 and a 200-day moving average price of $35.51. Invesco Agriculture Commodity Strategy No K-1 ETF has a fifty-two week low of $33.69 and a fifty-two week high of $40.42.

Institutional Trading of Invesco Agriculture Commodity Strategy No K-1 ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. 3EDGE Asset Management LP raised its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 103.0% during the second quarter. 3EDGE Asset Management LP now owns 505,883 shares of the company’s stock valued at $17,731,000 after acquiring an additional 256,679 shares in the last quarter. Private Wealth Advisors LLC grew its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 0.9% during the 1st quarter. Private Wealth Advisors LLC now owns 119,320 shares of the company’s stock worth $4,195,000 after acquiring an additional 1,097 shares in the last quarter. Capital Wealth Alliance LLC grew its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 0.8% during the 2nd quarter. Capital Wealth Alliance LLC now owns 113,198 shares of the company’s stock worth $3,947,000 after acquiring an additional 939 shares in the last quarter. Perissos Private Wealth Management LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the 1st quarter worth about $2,673,000. Finally, Jane Street Group LLC grew its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% during the 4th quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock worth $2,480,000 after acquiring an additional 44,274 shares in the last quarter.

About Invesco Agriculture Commodity Strategy No K-1 ETF

The Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) is an exchange-traded fund that mostly invests in broad market commodities. PBDA is an actively managed portfolio that provides exposure to global agricultural commodities through a Cayman Islands subsidiary. PDBA was launched on Aug 24, 2022 and is managed by Invesco.