Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Grows By 525.3%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 51,900 shares, a growth of 525.3% from the October 15th total of 8,300 shares. Based on an average daily volume of 10,700 shares, the days-to-cover ratio is currently 4.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Columbus Macro LLC grew its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 24.7% during the 3rd quarter. Columbus Macro LLC now owns 69,075 shares of the company’s stock worth $2,599,000 after purchasing an additional 13,685 shares during the period. Capital Wealth Alliance LLC raised its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 38.1% during the third quarter. Capital Wealth Alliance LLC now owns 60,617 shares of the company’s stock valued at $2,281,000 after acquiring an additional 16,721 shares in the last quarter. NewSquare Capital LLC purchased a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth approximately $334,000. Leavell Investment Management Inc. grew its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 44.1% during the 3rd quarter. Leavell Investment Management Inc. now owns 8,852 shares of the company’s stock worth $333,000 after purchasing an additional 2,707 shares during the period. Finally, Castleview Partners LLC lifted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 43.1% in the 3rd quarter. Castleview Partners LLC now owns 3,258 shares of the company’s stock valued at $123,000 after purchasing an additional 982 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Up 0.3 %

Shares of NASDAQ PDBA traded up $0.10 during midday trading on Wednesday, reaching $37.09. The company had a trading volume of 19,049 shares, compared to its average volume of 11,963. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $29.41 and a 1 year high of $39.09. The business’s 50-day simple moving average is $36.69 and its 200 day simple moving average is $35.70.

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.