Short Interest in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Expands By 102.2%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,562,856 shares, an increase of 102.2% from the July 30th total of 1,267,768 shares. Based on an average daily volume of 7,471,170 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of institutional investors have recently bought and sold shares of the stock. SCS Capital Management LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 8.9% during the fourth quarter. SCS Capital Management LLC now owns 2,111,753 shares of the exchange traded fund’s stock valued at $27,981,000 after acquiring an additional 173,301 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 150.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 91,757 shares of the exchange traded fund’s stock worth $1,589,000 after acquiring an additional 55,135 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.3% during the 4th quarter. HighTower Advisors LLC now owns 2,326,173 shares of the exchange traded fund’s stock worth $30,822,000 after purchasing an additional 29,361 shares during the period. Impact Partnership Wealth LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13.5% during the 4th quarter. Impact Partnership Wealth LLC now owns 478,361 shares of the exchange traded fund’s stock worth $6,338,000 after purchasing an additional 56,898 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,148,011 shares of the exchange traded fund’s stock valued at $41,711,000 after purchasing an additional 77,195 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 0.2%

NASDAQ:PDBC opened at $18.39 on Friday. The business has a 50 day simple moving average of $17.22 and a 200-day simple moving average of $17.05. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $13.10 and a 1 year high of $18.95.

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.