Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Sees Large Decrease in Short Interest

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a large drop in short interest in July. As of July 15th, there was short interest totalling 11,600 shares, a drop of 23.2% from the June 30th total of 15,100 shares. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Invesco Agriculture Commodity Strategy No K-1 ETF

Hedge funds have recently bought and sold shares of the company. Columbus Macro LLC boosted its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 82.5% during the fourth quarter. Columbus Macro LLC now owns 38,095 shares of the company’s stock worth $1,137,000 after buying an additional 17,220 shares during the period. Nilsine Partners LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter worth about $5,181,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter worth approximately $129,000. NewSquare Capital LLC raised its stake 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 in the last quarter. Finally, Capital Wealth Alliance LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the first quarter valued at about $1,586,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Down 0.1 %

Shares of NASDAQ PDBA traded down $0.02 during midday trading on Friday, hitting $34.49. The company’s stock had a trading volume of 1,385 shares, compared to its average volume of 12,659. The firm’s fifty day moving average price is $35.44 and its 200-day moving average price is $34.17. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1-year low of $29.41 and a 1-year high of $38.41.

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.