Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Declines By 43.4%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 58,885 shares, a drop of 43.4% from the June 15th total of 104,096 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 628,457 shares, the short-interest ratio is presently 0.1 days.

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

Institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC raised its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% in 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. Osaic Holdings Inc. increased its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during the second quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock worth $150,000 after purchasing an additional 3,380 shares during the period. Castleview Partners LLC grew its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% during the first quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock worth $281,000 after buying an additional 426 shares in the last quarter. Flow Traders U.S. LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the 3rd quarter worth $289,000. Finally, LPL Financial LLC acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at $298,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

PDBA traded up $0.29 during trading on Friday, hitting $37.13. The stock had a trading volume of 17,167 shares, compared to its average volume of 244,211. The company has a 50 day moving average price of $36.32 and a 200-day moving average price of $35.61. Invesco Agriculture Commodity Strategy No K-1 ETF has a one year low of $33.69 and a one year high of $38.43.

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.