Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Stock Short Interest Falls 38.7%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 70,092 shares, a drop of 38.7% from the September 15th total of 114,347 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 190,891 shares, the short-interest ratio is presently 0.4 days.

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

A number of institutional investors have recently made changes to their positions in PDBA. Integrated Wealth Concepts LLC bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the second quarter valued at approximately $43,000. IFP Advisors Inc acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the second quarter valued at approximately $62,000. NewEdge Advisors LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the second quarter valued at approximately $107,000. Castleview Partners LLC raised its holdings in 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. Finally, Sanctuary Advisors LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the first quarter worth approximately $373,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of PDBA traded down $0.10 during trading hours on Friday, reaching $37.68. 22,677 shares of the company’s stock traded hands, compared to its average volume of 227,372. The business’s fifty day simple moving average is $38.05 and its two-hundred day simple moving average is $37.04. Invesco Agriculture Commodity Strategy No K-1 ETF has a twelve month low of $33.69 and a twelve month high of $39.41.

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.