Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 2,337,044 shares, a growth of 262.3% from the June 30th total of 644,994 shares. Based on an average daily volume of 6,485,440 shares, the short-interest ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Verus Capital Partners LLC increased its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% during the 1st quarter. Verus Capital Partners LLC now owns 13,365 shares of the exchange traded fund’s stock valued at $231,000 after purchasing an additional 624 shares in the last quarter. Narus Financial Partners LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.4% during the fourth quarter. Narus Financial Partners LLC now owns 30,213 shares of the exchange traded fund’s stock worth $400,000 after purchasing an additional 697 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 781 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the exchange traded fund’s stock valued at $213,000 after buying an additional 791 shares in the last quarter. Finally, Integrated Advisors Network LLC raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% in the first quarter. Integrated Advisors Network LLC now owns 12,744 shares of the exchange traded fund’s stock valued at $221,000 after buying an additional 905 shares during the last quarter.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock traded down $0.61 during trading hours on Monday, hitting $17.34. 5,024,517 shares of the stock were exchanged, compared to its average volume of 8,321,365. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.87 and a 12 month high of $18.95. The business’s 50-day moving average is $17.12 and its two-hundred day moving average is $16.41.
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.
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