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 recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 21,164 shares, a decrease of 64.1% from the June 30th total of 58,885 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 174,963 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 0.8%

Shares of NASDAQ:PDBA traded up $0.30 during mid-day trading on Tuesday, hitting $37.23. 74,649 shares of the company traded hands, compared to its average volume of 236,268. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12-month low of $33.69 and a 12-month high of $38.43. The stock has a 50-day moving average price of $36.29 and a two-hundred day moving average price of $35.77.

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

A number of hedge funds have recently bought and sold shares of PDBA. CWM LLC grew its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% in the 4th quarter. CWM LLC now owns 1,602 shares of the company’s stock worth $54,000 after acquiring an additional 511 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during 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. Castleview Partners LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% during the first quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock worth $281,000 after purchasing an additional 426 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the third quarter worth about $289,000. Finally, LPL Financial LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter worth about $298,000.

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.