Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Stock Short Interest Report for September

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 713,864 shares, a decline of 70.9% from the September 15th total of 2,450,873 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 5,981,440 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Large investors have recently modified their holdings of the business. Bank of America Corp DE raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 4,899,404 shares of the exchange traded fund’s stock worth $84,858,000 after purchasing an additional 183,866 shares in the last quarter. GM Advisory Group LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.7% in the first quarter. GM Advisory Group LLC now owns 2,385,149 shares of the exchange traded fund’s stock valued at $41,311,000 after acquiring an additional 40,591 shares during the last quarter. Tidal Investments LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.4% in the second quarter. Tidal Investments LLC now owns 2,587,034 shares of the exchange traded fund’s stock valued at $41,082,000 after acquiring an additional 473,522 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 54.5% in the 1st quarter. Hsbc Holdings PLC now owns 1,021,000 shares of the exchange traded fund’s stock valued at $17,684,000 after acquiring an additional 360,000 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5,827.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 829,660 shares of the exchange traded fund’s stock valued at $14,370,000 after acquiring an additional 815,663 shares during the period.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.6%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock traded up $0.12 during midday trading on Tuesday, reaching $19.98. The stock had a trading volume of 2,738,525 shares, compared to its average volume of 7,623,859. The firm’s fifty day simple moving average is $18.89 and its 200-day simple moving average is $17.90. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $13.10 and a 1-year high of $20.16.

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.