Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Expands By 525.3%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 51,900 shares, an increase of 525.3% from the October 15th total of 8,300 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is presently 4.9 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

NASDAQ PDBA traded up $0.24 on Tuesday, hitting $36.99. The stock had a trading volume of 7,859 shares, compared to its average volume of 11,931. The business’s fifty day moving average price is $36.66 and its 200 day moving average price is $35.71. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52-week low of $29.41 and a 52-week high of $39.09.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Columbus Macro LLC grew its stake in 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 acquiring an additional 13,685 shares in the last quarter. Capital Wealth Alliance LLC lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 38.1% in the 3rd quarter. Capital Wealth Alliance LLC now owns 60,617 shares of the company’s stock worth $2,281,000 after acquiring an additional 16,721 shares during the last quarter. NewSquare Capital LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter worth approximately $334,000. Leavell Investment Management Inc. lifted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 44.1% during 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. Finally, Castleview Partners LLC increased its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 43.1% in the 3rd quarter. Castleview Partners LLC now owns 3,258 shares of the company’s stock valued at $123,000 after purchasing an additional 982 shares during the last quarter.

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.