Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Update

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 2,562,856 shares, an increase of 102.2% from the July 30th total of 1,267,768 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 7,471,170 shares, the short-interest ratio is presently 0.3 days.

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

PDBC opened at $18.39 on Monday. The business has a fifty day moving average price of $17.22 and a 200 day moving average price of $17.07. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12 month low of $13.10 and a 12 month high of $18.95.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Principia Wealth Advisory LLC grew its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 188.9% during the second quarter. Principia Wealth Advisory LLC now owns 444,974 shares of the exchange traded fund’s stock worth $7,066,000 after purchasing an additional 290,971 shares in the last quarter. Avos Capital Management LLC increased its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 129.0% during the second quarter. Avos Capital Management LLC now owns 117,276 shares of the exchange traded fund’s stock worth $1,862,000 after purchasing an additional 66,062 shares in the last quarter. Advisory Solutions Group LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $3,833,000. Strive Financial Group LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.7% during the 2nd quarter. Strive Financial Group LLC now owns 74,003 shares of the exchange traded fund’s stock worth $1,175,000 after purchasing an additional 5,306 shares during the period. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 43.0% during the second quarter. Concurrent Investment Advisors LLC now owns 149,931 shares of the exchange traded fund’s stock worth $2,381,000 after buying an additional 45,085 shares during the last quarter.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

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.