Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Grows By 221.3%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totalling 15,100 shares, an increase of 221.3% from the June 15th total of 4,700 shares. Based on an average daily trading volume, of 17,300 shares, the days-to-cover ratio is presently 0.9 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Down 0.6 %

PDBA traded down $0.22 during midday trading on Friday, reaching $35.19. The company had a trading volume of 5,258 shares, compared to its average volume of 13,085. The business has a 50-day moving average price of $35.43 and a two-hundred day moving average price of $33.80. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12-month low of $29.41 and a 12-month high of $38.41.

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

Several institutional investors and hedge funds have recently bought and sold shares of PDBA. Columbus Macro LLC lifted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 82.5% during the 4th quarter. Columbus Macro LLC now owns 38,095 shares of the company’s stock worth $1,137,000 after purchasing an additional 17,220 shares in the last quarter. Private Wealth Advisors LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $9,121,000. Nilsine Partners LLC purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter worth $5,181,000. VisionPoint Advisory Group LLC bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter valued at about $129,000. Finally, NewSquare Capital LLC grew its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 22.7% in the 4th quarter. NewSquare Capital LLC now owns 3,000 shares of the company’s stock worth $90,000 after buying an additional 555 shares during the last quarter.

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.