Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Up 96.5% in March

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 28,100 shares, a growth of 96.5% from the February 28th total of 14,300 shares. Based on an average daily trading volume, of 35,800 shares, the days-to-cover ratio is presently 0.8 days. Currently, 2.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Hedge funds have recently made changes to their positions in the business. Capital Wealth Alliance LLC lifted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 42.7% in the 4th quarter. Capital Wealth Alliance LLC now owns 86,491 shares of the company’s stock worth $3,063,000 after purchasing an additional 25,874 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% in the fourth quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock worth $2,480,000 after buying an additional 44,274 shares in the last quarter. GTS Securities LLC bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter worth $559,000. Leavell Investment Management Inc. grew its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 28.9% during the fourth quarter. Leavell Investment Management Inc. now owns 11,409 shares of the company’s stock valued at $404,000 after acquiring an additional 2,557 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 4th quarter valued at about $328,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Shares of PDBA traded up $0.03 during mid-day trading on Friday, reaching $35.28. The stock had a trading volume of 2,607 shares, compared to its average volume of 19,721. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12 month low of $33.07 and a 12 month high of $40.42. The business has a fifty day moving average of $36.16 and a 200 day moving average of $36.75.

Invesco Agriculture Commodity Strategy No K-1 ETF Company Profile

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.