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) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 645,448 shares, a decrease of 74.3% from the May 14th total of 2,507,368 shares. Based on an average daily volume of 6,025,507 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 1.0%

Shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock traded down $0.18 on Friday, reaching $17.06. 3,862,527 shares of the company were exchanged, compared to its average volume of 8,393,322. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.87 and a one year high of $18.95. The company has a 50-day moving average of $17.83 and a 200 day moving average of $15.74.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advyzon Investment Management LLC boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 121.6% during the third quarter. Advyzon Investment Management LLC now owns 112,865 shares of the exchange traded fund’s stock worth $1,516,000 after purchasing an additional 61,939 shares during the period. Marion Wealth Management boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% during the fourth quarter. Marion Wealth Management now owns 1,122,132 shares of the exchange traded fund’s stock worth $16,091,000 after purchasing an additional 52,698 shares during the period. JPMorgan Chase & Co. boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2,080.5% during the third quarter. JPMorgan Chase & Co. now owns 209,004 shares of the exchange traded fund’s stock worth $2,807,000 after purchasing an additional 199,419 shares during the period. Rede Wealth LLC bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth $528,000. Finally, Briaud Financial Planning Inc boosted its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.2% during the fourth quarter. Briaud Financial Planning Inc now owns 2,769,288 shares of the exchange traded fund’s stock worth $36,693,000 after purchasing an additional 60,012 shares during the period.

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.