Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Down 90.2% in February

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 443,398 shares, a drop of 90.2% from the February 12th total of 4,537,999 shares. Based on an average daily volume of 5,161,283 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 5,161,283 shares, the short-interest ratio is presently 0.1 days.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 2.4%

PDBC traded up $0.41 on Thursday, hitting $17.17. 1,958,481 shares of the company were exchanged, compared to its average volume of 7,905,271. The business’s fifty day moving average is $14.46 and its 200 day moving average is $13.81. 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 $17.17.

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

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

Hedge Funds Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Several hedge funds have recently bought and sold shares of the company. Consultiva Wealth Management CORP. boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the second quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 775 shares in the last quarter. Pacifica Partners Inc. acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth $26,000. Tucker Asset Management LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth about $31,000. HHM Wealth Advisors LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter valued at about $32,000. Finally, International Assets Investment Management LLC purchased a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $34,000.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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.