Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Stock Short Interest Declines 54.4%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 114,347 shares, a decrease of 54.4% from the August 31st total of 250,853 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 575,806 shares, the days-to-cover ratio is currently 0.2 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Down 0.9%

NASDAQ:PDBA traded down $0.33 during trading hours on Monday, reaching $37.75. The company had a trading volume of 142,077 shares, compared to its average volume of 238,483. Invesco Agriculture Commodity Strategy No K-1 ETF has a twelve month low of $33.69 and a twelve month high of $39.41. The business’s 50-day simple moving average is $37.85 and its two-hundred day simple moving average is $36.84.

Institutional Trading of Invesco Agriculture Commodity Strategy No K-1 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Proficio Capital Partners LLC raised its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 493.4% during the second quarter. Proficio Capital Partners LLC now owns 865,860 shares of the company’s stock worth $30,842,000 after purchasing an additional 719,935 shares during the period. Eastern Bank bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter valued at $11,239,000. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the first quarter valued at about $5,174,000. Envestnet Asset Management Inc. increased its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 47.4% during the second quarter. Envestnet Asset Management Inc. now owns 141,069 shares of the company’s stock worth $5,025,000 after acquiring an additional 45,369 shares in the last quarter. Finally, Assetmark Inc. bought a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the first quarter worth about $1,298,000.

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.