Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Update

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 1,694,129 shares, a growth of 2,062.4% from the April 30th total of 78,344 shares. Approximately 19.7% of the company’s stock are short sold. Based on an average trading volume of 547,865 shares, the days-to-cover ratio is presently 3.1 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Down 0.1%

NASDAQ:PDBA traded down $0.05 on Wednesday, hitting $36.55. 363,982 shares of the company’s stock were exchanged, compared to its average volume of 222,882. The firm has a 50-day moving average price of $36.60 and a 200-day moving average price of $35.33. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52 week low of $33.88 and a 52 week high of $38.43.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PDBA. Jane Street Group LLC increased its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 88.0% during the 2nd quarter. Jane Street Group LLC now owns 50,565 shares of the company’s stock worth $1,763,000 after purchasing an additional 23,668 shares during the last quarter. Bank of America Corp DE boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 139.5% in the 2nd quarter. Bank of America Corp DE now owns 18,538 shares of the company’s stock valued at $646,000 after purchasing an additional 10,797 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during the 2nd quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock worth $150,000 after acquiring an additional 3,380 shares during the period. Capital Wealth Alliance LLC lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 4.6% during the 3rd quarter. Capital Wealth Alliance LLC now owns 118,420 shares of the company’s stock worth $4,222,000 after acquiring an additional 5,222 shares during the period. Finally, Smithfield Trust Co lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 41.4% during the 3rd quarter. Smithfield Trust Co now owns 7,000 shares of the company’s stock worth $250,000 after acquiring an additional 2,050 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.