Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Up 391.3% in April

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 78,344 shares, a growth of 391.3% from the April 15th total of 15,947 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average trading volume of 235,152 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Several large investors have recently modified their holdings of the company. Assetmark Inc. acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the first quarter valued at approximately $1,298,000. Sanctuary Advisors LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the first quarter valued at approximately $373,000. Castleview Partners LLC boosted 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 valued at $281,000 after acquiring an additional 426 shares during the period. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the first quarter valued at approximately $5,174,000. Finally, WT Wealth Management boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 21.7% in the first quarter. WT Wealth Management now owns 55,520 shares of the company’s stock valued at $2,025,000 after acquiring an additional 9,904 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

PDBA stock opened at $38.01 on Wednesday. Invesco Agriculture Commodity Strategy No K-1 ETF has a twelve month low of $33.88 and a twelve month high of $38.10. The business has a 50 day simple moving average of $36.18 and a 200-day simple moving average of $35.18.

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.