Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Stock Short Interest Report for October

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 10,232,254 shares, a growth of 174.1% from the October 15th total of 3,732,395 shares. Based on an average trading volume of 4,671,623 shares, the short-interest ratio is presently 2.2 days. Approximately 2.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Kastel Capital Advisors LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the third quarter worth $1,507,000. Private Wealth Asset Management LLC lifted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.6% during the third quarter. Private Wealth Asset Management LLC now owns 125,279 shares of the exchange traded fund’s stock valued at $2,314,000 after buying an additional 7,743 shares during the period. Private Advisor Group LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 131.0% during the third quarter. Private Advisor Group LLC now owns 373,455 shares of the exchange traded fund’s stock worth $7,208,000 after acquiring an additional 211,766 shares in the last quarter. Focus Advisor Solutions LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter worth approximately $384,000. Finally, Global Retirement Partners LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 37.9% in the third quarter. Global Retirement Partners LLC now owns 149,607 shares of the exchange traded fund’s stock worth $2,887,000 after acquiring an additional 41,120 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.3%

PDBC opened at $18.41 on Friday. The stock has a 50-day moving average price of $19.53 and a 200-day moving average price of $17.60. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $13.23 and a 12-month high of $20.36.

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.