Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Rises By 405.1%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 104,096 shares, a growth of 405.1% from the May 31st total of 20,608 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 186,700 shares, the days-to-cover ratio is presently 0.6 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Down 0.4%

NASDAQ PDBA traded down $0.16 during trading hours on Friday, hitting $35.72. The company had a trading volume of 115,789 shares, compared to its average volume of 237,613. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52 week low of $33.88 and a 52 week high of $38.43. The firm has a 50 day simple moving average of $36.40 and a 200 day simple moving average of $35.43.

Hedge Funds Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Several hedge funds have recently bought and sold shares of PDBA. CWM LLC increased its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% during the 4th quarter. CWM LLC now owns 1,602 shares of the company’s stock worth $54,000 after acquiring an additional 511 shares during the period. Osaic Holdings Inc. grew its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during the 2nd quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock valued at $150,000 after purchasing an additional 3,380 shares in the last quarter. Castleview Partners LLC grew its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% during the 1st quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock valued at $281,000 after purchasing an additional 426 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter worth $289,000. Finally, LPL Financial LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter worth $298,000.

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.