Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Increases By 606.1%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 115,800 shares, an increase of 606.1% from the December 31st total of 16,400 shares. Based on an average trading volume of 21,500 shares, the days-to-cover ratio is currently 5.4 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Up 0.7 %

NASDAQ PDBA traded up $0.26 on Tuesday, hitting $36.65. 22,598 shares of the stock were exchanged, compared to its average volume of 26,494. The company’s 50-day moving average price is $37.15 and its two-hundred day moving average price is $36.38. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52-week low of $30.74 and a 52-week high of $40.42.

Invesco Agriculture Commodity Strategy No K-1 ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $4.6081 per share. This is an increase 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. Castleview Partners LLC boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 43.1% during the third quarter. Castleview Partners LLC now owns 3,258 shares of the company’s stock worth $123,000 after purchasing an additional 982 shares during the period. Leavell Investment Management Inc. lifted its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 44.1% in the 3rd quarter. Leavell Investment Management Inc. now owns 8,852 shares of the company’s stock worth $333,000 after buying an additional 2,707 shares in the last quarter. Columbus Macro LLC boosted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 24.7% during the 3rd quarter. Columbus Macro LLC now owns 69,075 shares of the company’s stock valued at $2,599,000 after buying an additional 13,685 shares during the period. Finally, Capital Wealth Alliance LLC grew its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 38.1% during the 3rd quarter. Capital Wealth Alliance LLC now owns 60,617 shares of the company’s stock valued at $2,281,000 after acquiring an additional 16,721 shares in the last quarter.

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.