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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 5,810 shares, a drop of 93.8% from the January 29th total of 93,340 shares. Based on an average daily volume of 33,416 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 33,416 shares, the days-to-cover ratio is presently 0.2 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. WT Wealth Management purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter valued at about $1,551,000. Hegarty Advisors LLC acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at $1,014,000. Miller Global Investments LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 4th quarter worth about $1,388,000. Private Wealth Advisors LLC lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 2.4% during the third quarter. Private Wealth Advisors LLC now owns 122,960 shares of the company’s stock worth $4,384,000 after buying an additional 2,911 shares during the last quarter. Finally, Hilltop Holdings Inc. boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 227.4% in the 3rd quarter. Hilltop Holdings Inc. now owns 81,137 shares of the company’s stock valued at $2,893,000 after purchasing an additional 56,356 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Invesco Agriculture Commodity Strategy No K-1 ETF stock remained flat at $34.72 during trading on Friday. The company had a trading volume of 10,879 shares, compared to its average volume of 42,428. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52-week low of $33.69 and a 52-week high of $37.23. The stock has a fifty day moving average price of $34.30 and a two-hundred day moving average price of $35.13.

Invesco Agriculture Commodity Strategy No K-1 ETF Dividend Announcement

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

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.