Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Update

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 4,537,999 shares, a growth of 55.5% from the January 29th total of 2,918,928 shares. Based on an average daily trading volume, of 8,807,385 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.3% of the shares of the stock are short sold. Currently, 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,807,385 shares, the days-to-cover ratio is currently 0.5 days.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance

Shares of PDBC traded up $0.44 during mid-day trading on Monday, hitting $15.36. The company’s stock had a trading volume of 15,788,640 shares, compared to its average volume of 6,769,205. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $15.44. The firm has a 50-day moving average price of $14.04 and a 200 day moving average price of $13.65.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.5086 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 383.0%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PDBC. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at about $799,000. Compound Planning Inc. lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 16.0% in the 4th quarter. Compound Planning Inc. now owns 12,196 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 1,680 shares during the last quarter. Strive Financial Group LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth about $855,000. Mercer Global Advisors Inc. ADV lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 51.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 23,041 shares of the exchange traded fund’s stock worth $305,000 after purchasing an additional 7,823 shares during the last quarter. Finally, Virtue Capital Management LLC acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter worth $324,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed. PDBC was launched on Nov 7, 2014 and is managed by Invesco.