Short Interest in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Decreases By 36.5%

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) saw a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 16,425 shares, a decrease of 36.5% from the January 29th total of 25,855 shares. Approximately 3.0% of the company’s stock are sold short. Based on an average daily volume of 8,954 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 8,954 shares, the short-interest ratio is currently 1.8 days. Approximately 3.0% of the company’s stock are sold short.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Trading Down 0.6%

Shares of NASDAQ EVMT traded down $0.11 during mid-day trading on Monday, reaching $17.70. The company had a trading volume of 1,563 shares, compared to its average volume of 9,341. The firm has a 50 day simple moving average of $17.46 and a two-hundred day simple moving average of $16.97. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 52-week low of $14.27 and a 52-week high of $19.80.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $2.0009 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 1,234.0%.

Hedge Funds Weigh In On Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its stake in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF by 89.9% in the 2nd quarter. Jane Street Group LLC now owns 39,699 shares of the company’s stock worth $619,000 after acquiring an additional 18,798 shares during the period. Trek Financial LLC purchased a new position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $4,046,000. WT Wealth Management purchased a new stake in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF in the fourth quarter valued at $1,155,000. Finally, Invested Advisors acquired a new stake in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the 3rd quarter worth $192,000.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles. EVMT was launched on Apr 27, 2022 and is managed by Invesco.