Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Down 52.7% in January

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,360,000 shares, a decline of 52.7% from the January 15th total of 4,990,000 shares. Based on an average daily volume of 5,179,300 shares, the days-to-cover ratio is presently 0.5 days.

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

NASDAQ:PDBC traded up $0.04 during mid-day trading on Thursday, hitting $13.60. 2,185,248 shares of the stock traded hands, compared to its average volume of 6,133,215. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.60 and a 12-month high of $14.55. The business’s 50-day moving average price is $13.31 and its 200 day moving average price is $13.40.

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

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.5747 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of large investors have recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 3rd quarter worth approximately $35,000. PNC Financial Services Group Inc. raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 102.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,968 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 1,500 shares in the last quarter. Trust Co. of Vermont raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 40.8% during the fourth quarter. Trust Co. of Vermont now owns 4,489 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 1,300 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 80.4% in the 3rd quarter. Private Trust Co. NA now owns 4,637 shares of the exchange traded fund’s stock worth $62,000 after acquiring an additional 2,067 shares during the last quarter. Finally, Elios Financial Group Inc. purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at $132,000.

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.