Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Sees Significant Decline in Short Interest

Posted by Donna Armstrong on Jan 18th, 2025

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT – Get Free Report) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,100 shares, a decline of 8.3% from the December 15th total of 1,200 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 1.1 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Up 0.4 %

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock traded up $0.06 during mid-day trading on Friday, hitting $15.12. 177 shares of the company’s stock traded hands, compared to its average volume of 662. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a one year low of $14.47 and a one year high of $19.43. The firm has a 50 day moving average price of $15.14 and a 200 day moving average price of $15.64.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.5286 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC grew its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT – Free Report) by 25.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,587 shares of the company’s stock after buying an additional 5,335 shares during the period. Commonwealth Equity Services LLC owned approximately 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 as of its most recent SEC filing.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

(Get Free Report)

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles.