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 increase in short interest in the month of February. As of February 28th, there was short interest totalling 14,300 shares, an increase of 21.2% from the February 13th total of 11,800 shares. Based on an average daily volume of 36,600 shares, the short-interest ratio is currently 0.4 days. Approximately 1.1% of the shares of the company are short sold.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

PDBA opened at $35.82 on Thursday. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.07 and a 1 year high of $40.42. The stock’s 50 day simple moving average is $36.14 and its 200-day simple moving average is $36.76.

Invesco Agriculture Commodity Strategy No K-1 ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $4.6081 dividend. This is a boost from Invesco Agriculture Commodity Strategy No K-1 ETF’s previous dividend of $2.04. The ex-dividend date of this dividend was Monday, December 23rd.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Capital Wealth Alliance LLC lifted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 42.7% during the fourth quarter. Capital Wealth Alliance LLC now owns 86,491 shares of the company’s stock valued at $3,063,000 after acquiring an additional 25,874 shares during the period. Jane Street Group LLC lifted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% during the fourth quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock valued at $2,480,000 after acquiring an additional 44,274 shares during the period. GTS Securities LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter valued at $559,000. Leavell Investment Management Inc. lifted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 28.9% during the fourth quarter. Leavell Investment Management Inc. now owns 11,409 shares of the company’s stock valued at $404,000 after acquiring an additional 2,557 shares during the period. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter valued at $328,000.

About Invesco Agriculture Commodity Strategy No K-1 ETF

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.