Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Up 161.4% in December

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 21,267 shares, a growth of 161.4% from the December 15th total of 8,137 shares. Based on an average trading volume of 22,892 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.2% of the shares of the company are short sold. Currently, 1.2% of the shares of the company are short sold. Based on an average trading volume of 22,892 shares, the days-to-cover ratio is currently 0.9 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Shares of Invesco Agriculture Commodity Strategy No K-1 ETF stock opened at $34.18 on Friday. Invesco Agriculture Commodity Strategy No K-1 ETF has a twelve month low of $33.69 and a twelve month high of $37.89. The company’s 50 day moving average is $34.67 and its 200 day moving average is $35.17.

Invesco Agriculture Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $1.1303 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 333.0%.

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

Several institutional investors have recently made changes to their positions in the business. Capital Wealth Alliance LLC raised its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 0.8% during the 2nd quarter. Capital Wealth Alliance LLC now owns 113,198 shares of the company’s stock worth $3,947,000 after acquiring an additional 939 shares in the last quarter. Leavell Investment Management Inc. grew its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 2.2% in the 2nd quarter. Leavell Investment Management Inc. now owns 14,842 shares of the company’s stock worth $518,000 after buying an additional 318 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth $219,000. CWM LLC bought a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 3rd quarter worth about $39,000. Finally, Smithfield Trust Co raised its position 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 valued at $250,000 after buying an additional 2,050 shares in the last quarter.

Invesco Agriculture Commodity Strategy No K-1 ETF Company Profile

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.