Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Short Interest Update

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 8,116 shares, an increase of 504.8% from the December 15th total of 1,342 shares. Based on an average daily volume of 13,542 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.5% of the company’s stock are short sold. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 13,542 shares, the days-to-cover ratio is presently 0.6 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Performance

EVMT traded up $0.32 during trading on Wednesday, hitting $18.32. 2,584 shares of the company’s stock were exchanged, compared to its average volume of 12,220. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a fifty-two week low of $14.27 and a fifty-two week high of $19.17. The business’s 50 day moving average is $17.29 and its two-hundred day moving average is $16.46.

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

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 of this dividend was Monday, December 22nd. This represents a yield of 1,234.0%.

Institutional Trading of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

A hedge fund recently raised its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Jane Street Group LLC increased its position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 89.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 39,699 shares of the company’s stock after purchasing an additional 18,798 shares during the quarter. Jane Street Group LLC owned approximately 8.82% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $619,000 as of its most recent SEC filing.

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.