Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Update

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 58,885 shares, a decline of 43.4% from the June 15th total of 104,096 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 628,457 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Several hedge funds have recently modified their holdings of PDBA. CWM LLC grew its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% in the fourth quarter. CWM LLC now owns 1,602 shares of the company’s stock valued at $54,000 after purchasing an additional 511 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% in the 2nd 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 during the last quarter. Castleview Partners LLC boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% in the 1st quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock valued at $281,000 after purchasing an additional 426 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 3rd quarter valued at $289,000. Finally, LPL Financial LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 4th quarter valued at $298,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Invesco Agriculture Commodity Strategy No K-1 ETF stock traded up $0.28 during trading on Friday, hitting $37.12. The company’s stock had a trading volume of 27,283 shares, compared to its average volume of 244,296. The stock’s fifty day moving average is $36.32 and its 200 day moving average is $35.62. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1-year low of $33.69 and a 1-year high of $38.43.

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.