Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Up 96.5% in March

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 28,100 shares, an increase of 96.5% from the February 28th total of 14,300 shares. Based on an average daily trading volume, of 35,800 shares, the days-to-cover ratio is currently 0.8 days. Currently, 2.2% of the company’s shares are sold short.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 0.1 %

Shares of NASDAQ PDBA traded up $0.03 during midday trading on Friday, reaching $35.28. 2,607 shares of the stock were exchanged, compared to its average volume of 19,721. The company has a 50 day simple moving average of $36.16 and a 200 day simple moving average of $36.75. Invesco Agriculture Commodity Strategy No K-1 ETF has a twelve month low of $33.07 and a twelve month high of $40.42.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital Wealth Alliance LLC increased its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 42.7% during the fourth quarter. Capital Wealth Alliance LLC now owns 86,491 shares of the company’s stock worth $3,063,000 after purchasing an additional 25,874 shares during the period. Leavell Investment Management Inc. grew its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 28.9% in the fourth quarter. Leavell Investment Management Inc. now owns 11,409 shares of the company’s stock worth $404,000 after acquiring an additional 2,557 shares in the last quarter. GTS Securities LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter worth $559,000. Jane Street Group LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% in the fourth quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock valued at $2,480,000 after purchasing an additional 44,274 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the 4th quarter worth about $328,000.

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.