Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Sees Significant Drop in Short Interest

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, a decrease of 33.3% from the October 31st total of 1,800 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 1.2 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 boosted its holdings in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,587 shares of the company’s stock after acquiring an additional 5,335 shares during the quarter. Commonwealth Equity Services LLC owned 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 at the end of the most recent quarter.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Trading Up 0.1 %

NASDAQ EVMT traded up $0.01 on Friday, hitting $15.47. The company’s stock had a trading volume of 19 shares, compared to its average volume of 1,977. The company’s 50-day moving average is $15.93 and its 200 day moving average is $16.26. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 1-year low of $15.01 and a 1-year high of $19.43.

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.