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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 5,810 shares, a decline of 93.8% from the January 29th total of 93,340 shares. Based on an average daily volume of 33,416 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 33,416 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Up 0.4%

NASDAQ:PDBA traded up $0.13 on Wednesday, hitting $34.80. The stock had a trading volume of 240,093 shares, compared to its average volume of 43,421. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.69 and a 1 year high of $37.23. The firm’s fifty day simple moving average is $34.30 and its two-hundred day simple moving average is $35.14.

Invesco Agriculture Commodity Strategy No K-1 ETF Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Hilltop Holdings Inc. raised its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 227.4% during the 3rd quarter. Hilltop Holdings Inc. now owns 81,137 shares of the company’s stock worth $2,893,000 after purchasing an additional 56,356 shares during the period. WT Wealth Management purchased a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter worth about $1,551,000. Miller Global Investments LLC purchased a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter worth about $1,388,000. Susquehanna International Group LLP bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter worth about $1,236,000. Finally, Hegarty Advisors LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter valued at about $1,014,000.

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.