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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 29,128 shares, a decline of 58.4% from the September 30th total of 70,092 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 83,574 shares, the days-to-cover ratio is currently 0.3 days.

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

Several large investors have recently bought and sold shares of the business. Castleview Partners LLC increased its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% in the first quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock worth $281,000 after acquiring an additional 426 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the second quarter worth about $43,000. IFP Advisors Inc acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter valued at approximately $62,000. NewEdge Advisors LLC bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter worth approximately $107,000. Finally, Farther Finance Advisors LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 2.3% during the third quarter. Farther Finance Advisors LLC now owns 140,050 shares of the company’s stock worth $5,260,000 after purchasing an additional 3,103 shares during the last quarter.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Down 0.8%

Shares of PDBA traded down $0.28 during trading hours on Friday, hitting $35.94. The stock had a trading volume of 392,175 shares, compared to its average volume of 241,632. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52 week low of $33.69 and a 52 week high of $39.41. The company’s fifty day moving average is $38.00 and its two-hundred day moving average is $36.46.

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.