Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Sees Significant Drop in Short Interest

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, a decrease of 33.3% from the October 31st total of 1,800 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 1.2 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Down 0.1 %

Shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock opened at $15.46 on Friday. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a twelve month low of $15.01 and a twelve month high of $19.43. The firm’s 50-day moving average price is $15.94 and its 200 day moving average price is $16.31.

Hedge Funds Weigh In On 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 its most recent filing with the SEC. The institutional investor owned 26,587 shares of the company’s stock after purchasing an additional 5,335 shares during the period. Commonwealth Equity Services LLC owned 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 at the end of the most recent quarter.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

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.