Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Down 69.9% in March

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 1,971,335 shares, a decrease of 69.9% from the March 15th total of 6,548,039 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 10,981,211 shares, the short-interest ratio is currently 0.2 days.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 0.9%

NASDAQ:PDBC traded down $0.15 during trading hours on Friday, reaching $16.97. The company’s stock had a trading volume of 5,884,993 shares, compared to its average volume of 9,592,863. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.35 and a one year high of $17.77. The business’s 50-day moving average is $15.89 and its 200-day moving average is $14.41.

Institutional Investors Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of large investors have recently bought and sold shares of the business. Morgan Stanley boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% in the fourth quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock worth $252,770,000 after purchasing an additional 784,292 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.4% during the second quarter. The Manufacturers Life Insurance Company now owns 8,850,916 shares of the exchange traded fund’s stock valued at $115,416,000 after acquiring an additional 452,374 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 8,788,312 shares of the exchange traded fund’s stock valued at $116,450,000 after acquiring an additional 513,683 shares during the period. SigFig Wealth Management LLC boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the fourth quarter. SigFig Wealth Management LLC now owns 7,636,200 shares of the exchange traded fund’s stock valued at $101,179,000 after acquiring an additional 183,037 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,148,011 shares of the exchange traded fund’s stock valued at $41,711,000 after acquiring an additional 77,195 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed. PDBC was launched on Nov 7, 2014 and is managed by Invesco.