Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Stock Short Interest Falls 54.4%

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 15th, there was short interest totaling 114,347 shares, a drop of 54.4% from the August 31st total of 250,853 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 575,806 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of Invesco Agriculture Commodity Strategy No K-1 ETF stock traded down $0.15 on Wednesday, reaching $37.58. The company had a trading volume of 58,092 shares, compared to its average volume of 237,084. The firm’s 50 day moving average price is $37.86 and its two-hundred day moving average price is $36.87. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52-week low of $33.69 and a 52-week high of $39.41.

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

Institutional investors have recently added to or reduced their stakes in the stock. Castleview Partners LLC lifted its stake 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. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the second quarter valued at $43,000. IFP Advisors Inc acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the second quarter valued at $62,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the second quarter valued at $107,000. Finally, WT Wealth Management raised its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 21.7% in the 1st quarter. WT Wealth Management now owns 55,520 shares of the company’s stock valued at $2,025,000 after buying an additional 9,904 shares during the period.

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.