Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Short Interest Down 36.5% in February

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 16,425 shares, a decrease of 36.5% from the January 29th total of 25,855 shares. Approximately 3.0% of the company’s shares are sold short. Based on an average daily trading volume, of 8,954 shares, the short-interest ratio is currently 1.8 days. Based on an average daily trading volume, of 8,954 shares, the short-interest ratio is currently 1.8 days. Approximately 3.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Invested Advisors purchased a new stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the third quarter worth approximately $192,000. Jane Street Group LLC lifted its holdings in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF by 89.9% during the 2nd quarter. Jane Street Group LLC now owns 39,699 shares of the company’s stock valued at $619,000 after acquiring an additional 18,798 shares in the last quarter. WT Wealth Management purchased a new stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the 4th quarter worth $1,155,000. Finally, Trek Financial LLC purchased a new stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the 4th quarter worth $4,046,000.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Price Performance

EVMT stock opened at $17.75 on Tuesday. The stock has a 50-day moving average price of $17.49 and a two-hundred day moving average price of $16.98. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 12-month low of $14.27 and a 12-month high of $19.80.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $2.0009 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 1,234.0%.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles. EVMT was launched on Apr 27, 2022 and is managed by Invesco.