Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Update

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 2,450,873 shares, an increase of 215.4% from the August 31st total of 777,087 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 5,874,836 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Several hedge funds have recently modified their holdings of PDBC. Brown Lisle Cummings Inc. grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 833.1% in the second quarter. Brown Lisle Cummings Inc. now owns 1,549 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 1,383 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter valued at $34,000. Triumph Capital Management lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13,471.4% during the second quarter. Triumph Capital Management now owns 2,850 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 2,829 shares during the last quarter. Global Assets Advisory LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter valued at $73,000. Finally, MCF Advisors LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth $68,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ:PDBC traded down $0.30 during mid-day trading on Friday, reaching $19.50. The stock had a trading volume of 7,716,050 shares, compared to its average volume of 7,740,480. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $13.10 and a 1 year high of $20.16. The business’s 50 day moving average price is $18.48 and its 200 day moving average price is $17.70.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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.