Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Down 63.1% in December

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 8,137 shares, a decrease of 63.1% from the November 30th total of 22,025 shares. Based on an average daily volume of 8,347 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 8,347 shares, the days-to-cover ratio is presently 1.0 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

PDBA stock traded up $0.09 during trading on Friday, hitting $34.24. The company had a trading volume of 9,662 shares, compared to its average volume of 33,588. The firm has a 50-day moving average price of $34.98 and a 200-day moving average price of $35.29. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12 month low of $33.69 and a 12 month high of $37.89.

Invesco Agriculture Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $1.1303 per share. This represents a dividend yield of 333.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. 3EDGE Asset Management LP grew its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 103.0% during the 2nd quarter. 3EDGE Asset Management LP now owns 505,883 shares of the company’s stock worth $17,731,000 after buying an additional 256,679 shares during the period. Private Wealth Advisors LLC boosted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 2.4% in the third quarter. Private Wealth Advisors LLC now owns 122,960 shares of the company’s stock valued at $4,384,000 after acquiring an additional 2,911 shares during the last quarter. Capital Wealth Alliance LLC grew its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 4.6% during the 3rd quarter. Capital Wealth Alliance LLC now owns 118,420 shares of the company’s stock worth $4,222,000 after acquiring an additional 5,222 shares during the period. Hilltop Holdings Inc. raised its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 227.4% during the 3rd quarter. Hilltop Holdings Inc. now owns 81,137 shares of the company’s stock valued at $2,893,000 after acquiring an additional 56,356 shares during the last quarter. Finally, Perissos Private Wealth Management LLC raised its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 0.9% during the 3rd quarter. Perissos Private Wealth Management LLC now owns 71,154 shares of the company’s stock valued at $2,537,000 after acquiring an additional 661 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.