Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Drops By 37.6%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 11,800 shares, a decline of 37.6% from the January 31st total of 18,900 shares. Based on an average daily volume of 35,000 shares, the days-to-cover ratio is presently 0.3 days.

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

Hedge funds have recently bought and sold shares of the business. Leavell Investment Management Inc. grew 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 valued at $333,000 after acquiring an additional 2,707 shares during the last quarter. Advisory Services Network LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at $328,000. GTS Securities LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at $559,000. Capital Wealth Alliance LLC grew its position in 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 valued at $2,281,000 after acquiring an additional 16,721 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% in the 4th quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock worth $2,480,000 after buying an additional 44,274 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

NASDAQ PDBA opened at $34.73 on Tuesday. The business’s 50 day moving average price is $36.08 and its 200-day moving average price is $36.78. Invesco Agriculture Commodity Strategy No K-1 ETF has a fifty-two week low of $31.97 and a fifty-two week high of $40.42.

Invesco Agriculture Commodity Strategy No K-1 ETF Increases Dividend

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

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.