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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 218,251 shares, a growth of 649.3% from the October 15th total of 29,128 shares. Based on an average daily trading volume, of 479,714 shares, the days-to-cover ratio is currently 0.5 days. Currently, 2.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the second quarter valued at about $43,000. IFP Advisors Inc acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter worth about $62,000. NewEdge Advisors LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter worth about $107,000. Global Retirement Partners LLC lifted its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 118.1% during the 3rd quarter. Global Retirement Partners LLC now owns 3,295 shares of the company’s stock worth $124,000 after purchasing an additional 1,784 shares during the last quarter. Finally, Private Advisor Group LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the 3rd quarter valued at approximately $209,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 0.5%

NASDAQ PDBA opened at $35.04 on Wednesday. The company has a fifty day simple moving average of $37.52 and a 200 day simple moving average of $36.51. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.69 and a 1 year high of $39.41.

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.