Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Significant Growth in Short Interest

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,876,149 shares, an increase of 100.3% from the December 31st total of 1,435,955 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average trading volume of 5,016,414 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 5,016,414 shares, the short-interest ratio is currently 0.6 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Consultiva Wealth Management CORP. raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 775 shares during the period. Pacifica Partners Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth about $26,000. HHM Wealth Advisors LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $32,000. Atlantic Union Bankshares Corp bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $36,000. Finally, Cape Investment Advisory Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% during the 2nd quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 1,049 shares in the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $14.52 on Friday. The firm has a 50 day moving average price of $13.73 and a 200-day moving average price of $13.49. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $12.02 and a twelve month high of $15.27.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.5086 dividend. This represents a yield of 383.0%. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed. PDBC was launched on Nov 7, 2014 and is managed by Invesco.