Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Down 64.2% in August

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8,907 shares, a decrease of 64.2% from the July 30th total of 24,899 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 73,022 shares, the days-to-cover ratio is presently 0.1 days.

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

Several hedge funds have recently bought and sold shares of PDBA. CWM LLC lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% during the 4th quarter. CWM LLC now owns 1,602 shares of the company’s stock worth $54,000 after acquiring an additional 511 shares during the period. Osaic Holdings Inc. raised its position in 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 raised its position 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 valued at $281,000 after purchasing an additional 426 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the third quarter worth $289,000. Finally, LPL Financial LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at $298,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 1.0%

Shares of NASDAQ PDBA traded up $0.40 during mid-day trading on Friday, reaching $38.94. The company had a trading volume of 576,565 shares, compared to its average volume of 218,520. Invesco Agriculture Commodity Strategy No K-1 ETF has a one year low of $33.69 and a one year high of $38.99. The business’s 50-day simple moving average is $36.94 and its 200 day simple moving average is $36.28.

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.