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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 218,251 shares, an increase of 649.3% from the October 15th total of 29,128 shares. Based on an average daily trading volume, of 479,714 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.6% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Several large investors have recently bought and sold shares of PDBA. Guild Investment Management Inc. boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 0.5% in the 3rd quarter. Guild Investment Management Inc. now owns 135,660 shares of the company’s stock valued at $5,095,000 after purchasing an additional 650 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth $43,000. IFP Advisors Inc bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter worth about $62,000. Global Retirement Partners LLC increased its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 118.1% during the 3rd quarter. Global Retirement Partners LLC now owns 3,295 shares of the company’s stock worth $124,000 after purchasing an additional 1,784 shares during the period. Finally, IronBridge Private Wealth LLC increased its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 1.9% during the 3rd quarter. IronBridge Private Wealth LLC now owns 123,391 shares of the company’s stock worth $4,635,000 after purchasing an additional 2,290 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

PDBA opened at $35.04 on Wednesday. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1-year low of $33.69 and a 1-year high of $39.41. The business has a 50 day moving average of $37.52 and a 200-day moving average of $36.51.

Invesco Agriculture Commodity Strategy No K-1 ETF Company Profile

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.