Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Short Interest Up 76.9% in August

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,300 shares, an increase of 76.9% from the August 15th total of 1,300 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 1.4 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Price Performance

NASDAQ:EVMT traded up $0.02 on Friday, reaching $15.43. The company’s stock had a trading volume of 93 shares, compared to its average volume of 2,276. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 12-month low of $15.01 and a 12-month high of $19.70. The stock has a 50 day moving average price of $15.69 and a 200 day moving average price of $16.80.

Institutional Trading of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

An institutional investor recently raised its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC raised its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,587 shares of the company’s stock after purchasing an additional 5,335 shares during the quarter. Commonwealth Equity Services LLC owned 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 as of its most recent SEC filing.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Company Profile

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles.