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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 93,340 shares, a growth of 38.0% from the January 15th total of 67,649 shares. Currently, 4.9% of the shares of the company are short sold. Based on an average daily trading volume, of 27,041 shares, the days-to-cover ratio is presently 3.5 days. Based on an average daily trading volume, of 27,041 shares, the days-to-cover ratio is presently 3.5 days. Currently, 4.9% of the shares of the company are short sold.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Down 0.5%

Shares of PDBA stock traded down $0.17 during mid-day trading on Friday, hitting $34.35. The stock had a trading volume of 18,464 shares, compared to its average volume of 34,192. The company’s 50-day simple moving average is $34.40 and its 200-day simple moving average is $35.14. Invesco Agriculture Commodity Strategy No K-1 ETF has a fifty-two week low of $33.69 and a fifty-two week high of $37.89.

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. Investors of record on Monday, December 22nd were given a $1.1303 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 333.0%.

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

Large investors have recently modified their holdings of the business. Leavell Investment Management Inc. lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 2.2% in the 2nd quarter. Leavell Investment Management Inc. now owns 14,842 shares of the company’s stock valued at $518,000 after buying an additional 318 shares during the period. Castleview Partners LLC lifted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 6.1% in the third quarter. Castleview Partners LLC now owns 7,924 shares of the company’s stock valued at $283,000 after acquiring an additional 454 shares during the period. CWM LLC boosted its position 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 purchasing an additional 511 shares in the last quarter. Perissos Private Wealth Management LLC grew its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 0.9% during the 3rd quarter. Perissos Private Wealth Management LLC now owns 71,154 shares of the company’s stock worth $2,537,000 after purchasing an additional 661 shares during the period. Finally, Csenge Advisory Group grew its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 5.7% during the 4th quarter. Csenge Advisory Group now owns 12,417 shares of the company’s stock worth $422,000 after purchasing an additional 669 shares during the period.

About Invesco Agriculture Commodity Strategy No K-1 ETF

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.