Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Large Increase in Short Interest

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 2,876,149 shares, a growth of 100.3% from the December 31st total of 1,435,955 shares. Based on an average trading volume of 5,016,414 shares, the short-interest ratio is presently 0.6 days. Currently, 0.8% of the company’s stock are sold short. Currently, 0.8% of the company’s stock are sold short. Based on an average trading volume of 5,016,414 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Several institutional investors have recently added to or reduced their stakes in PDBC. Consultiva Wealth Management CORP. increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 775 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 781 shares in the last quarter. FreeGulliver LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.6% during the 2nd quarter. FreeGulliver LLC now owns 51,253 shares of the exchange traded fund’s stock valued at $668,000 after acquiring an additional 786 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the exchange traded fund’s stock valued at $213,000 after purchasing an additional 791 shares in the last quarter. Finally, M Wealth Management LLC boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 0.4% in the 2nd quarter. M Wealth Management LLC now owns 257,178 shares of the exchange traded fund’s stock worth $3,354,000 after buying an additional 902 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ:PDBC traded down $0.50 during midday trading on Friday, hitting $14.52. The stock had a trading volume of 16,827,138 shares, compared to its average volume of 5,778,403. The business’s 50-day simple moving average is $13.73 and its 200-day simple moving average is $13.49. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $12.02 and a 12 month high of $15.27.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.5086 per share. This represents a dividend yield of 383.0%. The ex-dividend date was Monday, December 22nd.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed. PDBC was launched on Nov 7, 2014 and is managed by Invesco.