Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Update

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 104,096 shares, an increase of 405.1% from the May 31st total of 20,608 shares. Based on an average daily volume of 186,700 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.2% of the shares of the stock are sold short.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Shares of Invesco Agriculture Commodity Strategy No K-1 ETF stock traded down $0.16 during trading hours on Friday, reaching $35.72. The company’s stock had a trading volume of 115,789 shares, compared to its average volume of 237,613. Invesco Agriculture Commodity Strategy No K-1 ETF has a one year low of $33.88 and a one year high of $38.43. The firm has a 50 day moving average price of $36.40 and a 200-day moving average price of $35.44.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% during the fourth quarter. CWM LLC now owns 1,602 shares of the company’s stock valued at $54,000 after purchasing an additional 511 shares during the period. Osaic Holdings Inc. grew its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% in the 2nd quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock worth $150,000 after buying an additional 3,380 shares during the last quarter. Castleview Partners LLC increased its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% during the first quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock worth $281,000 after purchasing an additional 426 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter valued at about $289,000. Finally, LPL Financial LLC purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at approximately $298,000.

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.