Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Short Interest Down 8.3% in December

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 1,100 shares, a decline of 8.3% from the December 15th total of 1,200 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

A hedge fund recently raised its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC raised its position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,587 shares of the company’s stock after buying an additional 5,335 shares during the quarter. Commonwealth Equity Services LLC owned about 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 at the end of the most recent reporting period.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ:EVMT opened at $15.12 on Monday. The firm has a 50 day moving average of $15.14 and a 200 day moving average of $15.63. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 52 week low of $14.47 and a 52 week high of $19.43.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.5286 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles.