Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Up 391.3% in April

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 78,344 shares, a growth of 391.3% from the April 15th total of 15,947 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 235,152 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 0.7%

Shares of PDBA opened at $38.01 on Wednesday. The stock has a 50 day moving average price of $36.18 and a 200 day moving average price of $35.18. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52-week low of $33.88 and a 52-week high of $38.10.

Hedge Funds Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PDBA. CWM LLC acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter valued at approximately $39,000. Osaic Holdings Inc. boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% in the second quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock valued at $150,000 after purchasing an additional 3,380 shares in the last quarter. Smithfield Trust Co boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 41.4% in the third quarter. Smithfield Trust Co now owns 7,000 shares of the company’s stock valued at $250,000 after purchasing an additional 2,050 shares in the last quarter. Castleview Partners LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% in the first quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock valued at $281,000 after purchasing an additional 426 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter valued at approximately $289,000.

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.