Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Sees Large Growth in Short Interest

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 21,267 shares, an increase of 161.4% from the December 15th total of 8,137 shares. Based on an average daily volume of 22,892 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.2% of the shares of the stock are sold short. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily volume of 22,892 shares, the days-to-cover ratio is currently 0.9 days.

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

Several hedge funds have recently added to or reduced their stakes in the company. 3EDGE Asset Management LP raised its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 103.0% during the 2nd quarter. 3EDGE Asset Management LP now owns 505,883 shares of the company’s stock valued at $17,731,000 after buying an additional 256,679 shares in the last quarter. Hilltop Holdings Inc. boosted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 227.4% in the third quarter. Hilltop Holdings Inc. now owns 81,137 shares of the company’s stock worth $2,893,000 after buying an additional 56,356 shares in the last quarter. Miller Global Investments LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $1,388,000. Susquehanna International Group LLP purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the third quarter worth approximately $1,236,000. Finally, Jane Street Group LLC raised its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 88.0% during the second quarter. Jane Street Group LLC now owns 50,565 shares of the company’s stock worth $1,763,000 after acquiring an additional 23,668 shares in the last quarter.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ:PDBA traded up $0.16 during trading on Thursday, reaching $34.07. The company had a trading volume of 14,881 shares, compared to its average volume of 41,158. The company has a fifty day moving average of $34.68 and a two-hundred day moving average of $35.18. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12 month low of $33.69 and a 12 month high of $37.89.

Invesco Agriculture Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $1.1303 dividend. This represents a yield of 333.0%. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco Agriculture Commodity Strategy No K-1 ETF

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.