Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Sees Large Growth in Short Interest

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 67,649 shares, an increase of 218.1% from the December 31st total of 21,267 shares. Currently, 3.7% of the shares of the stock are sold short. Based on an average daily volume of 40,159 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily volume of 40,159 shares, the days-to-cover ratio is presently 1.7 days. Currently, 3.7% of the shares of the stock are sold short.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Leavell Investment Management Inc. lifted its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 2.2% during the second quarter. Leavell Investment Management Inc. now owns 14,842 shares of the company’s stock worth $518,000 after purchasing an additional 318 shares in the last quarter. Castleview Partners LLC grew its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 6.1% during the 3rd quarter. Castleview Partners LLC now owns 7,924 shares of the company’s stock valued at $283,000 after purchasing an additional 454 shares in the last quarter. CWM LLC increased its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% during the 4th quarter. CWM LLC now owns 1,602 shares of the company’s stock worth $54,000 after purchasing an additional 511 shares during the last quarter. Perissos Private Wealth Management LLC increased its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 0.9% during the 3rd quarter. Perissos Private Wealth Management LLC now owns 71,154 shares of the company’s stock worth $2,537,000 after purchasing an additional 661 shares during the last quarter. Finally, Capital Wealth Alliance LLC raised its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 0.8% in the 2nd quarter. Capital Wealth Alliance LLC now owns 113,198 shares of the company’s stock valued at $3,947,000 after purchasing an additional 939 shares in the last quarter.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ:PDBA traded up $0.01 during midday trading on Thursday, reaching $34.51. The company’s stock had a trading volume of 103,629 shares, compared to its average volume of 35,007. The business has a 50 day moving average price of $34.52 and a 200 day moving average price of $35.16. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.69 and a 1 year high of $37.89.

Invesco Agriculture Commodity Strategy No K-1 ETF Announces Dividend

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

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.