Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Declines By 63.1%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 8,137 shares, a drop of 63.1% from the November 30th total of 22,025 shares. Based on an average daily trading volume, of 8,347 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,347 shares, the days-to-cover ratio is currently 1.0 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 0.2%

Shares of NASDAQ PDBA traded up $0.08 during midday trading on Friday, reaching $34.23. The company’s stock had a trading volume of 9,130 shares, compared to its average volume of 33,586. Invesco Agriculture Commodity Strategy No K-1 ETF has a one year low of $33.69 and a one year high of $37.89. The company has a 50 day moving average price of $35.00 and a 200 day moving average price of $35.31.

Invesco Agriculture Commodity Strategy No K-1 ETF Announces Dividend

The business also recently announced an annual dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be issued a $1.1303 dividend. This represents a dividend yield of 333.0%. The ex-dividend date is Monday, December 22nd.

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

Several hedge funds have recently modified their holdings of the stock. Private Wealth Advisors LLC increased its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 2.4% in the 3rd quarter. Private Wealth Advisors LLC now owns 122,960 shares of the company’s stock worth $4,384,000 after purchasing an additional 2,911 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter worth about $1,236,000. Hilltop Holdings Inc. increased its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 227.4% in the third quarter. Hilltop Holdings Inc. now owns 81,137 shares of the company’s stock worth $2,893,000 after acquiring an additional 56,356 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter worth approximately $289,000. Finally, Perissos Private Wealth Management LLC raised its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 0.9% during the third quarter. Perissos Private Wealth Management LLC now owns 71,154 shares of the company’s stock valued at $2,537,000 after acquiring an additional 661 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.