Short Interest in Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Drops By 21.7%

Posted by Scott Moore on Jun 29th, 2024

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 4,700 shares, a drop of 21.7% from the May 31st total of 6,000 shares. Based on an average trading volume of 16,700 shares, the short-interest ratio is currently 0.3 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ:PDBA traded up $0.20 during trading on Friday, reaching $34.40. 2,261 shares of the company’s stock traded hands, compared to its average volume of 12,876. Invesco Agriculture Commodity Strategy No K-1 ETF has a fifty-two week low of $29.41 and a fifty-two week high of $38.41. The company has a 50-day simple moving average of $35.75 and a 200-day simple moving average of $33.57.

Institutional Investors Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

A number of institutional investors have recently modified their holdings of the business. NewSquare Capital LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 22.7% in the 4th quarter. NewSquare Capital LLC now owns 3,000 shares of the company’s stock worth $90,000 after buying an additional 555 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter worth about $129,000. Columbus Macro LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 82.5% in the 4th quarter. Columbus Macro LLC now owns 38,095 shares of the company’s stock worth $1,137,000 after buying an additional 17,220 shares during the last quarter. Capital Wealth Alliance LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the 1st quarter worth about $1,586,000. Finally, Nilsine Partners LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter worth about $5,181,000.

About Invesco Agriculture Commodity Strategy No K-1 ETF

(Get Free Report)

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.