Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Grows By 391.3%

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 78,344 shares, a growth of 391.3% from the April 15th total of 15,947 shares. Based on an average trading volume of 235,152 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Trading of Invesco Agriculture Commodity Strategy No K-1 ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 3rd quarter valued at about $39,000. Osaic Holdings Inc. increased its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during the second quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock worth $150,000 after buying an additional 3,380 shares during the period. Smithfield Trust Co lifted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 41.4% in the third quarter. Smithfield Trust Co now owns 7,000 shares of the company’s stock valued at $250,000 after buying an additional 2,050 shares during the last quarter. Castleview Partners LLC lifted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% in the first quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock valued at $281,000 after buying an additional 426 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter valued at approximately $289,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

PDBA traded down $0.56 on Friday, reaching $37.11. The company had a trading volume of 232,651 shares, compared to its average volume of 193,919. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.88 and a 1 year high of $38.43. The stock has a 50-day moving average price of $36.31 and a 200-day moving average price of $35.21.

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.