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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large increase in short interest during the month of 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. Currently, 2.2% of the company’s stock are sold short. Based on an average daily trading volume, of 35,800 shares, the short-interest ratio is currently 0.8 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ PDBA traded up $0.03 during midday trading on Friday, reaching $35.28. The company’s stock had a trading volume of 2,607 shares, compared to its average volume of 19,721. The firm has a 50 day moving average price of $36.16 and a 200-day moving average price of $36.76. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12-month low of $33.07 and a 12-month high of $40.42.

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

A number of hedge funds have recently bought and sold shares of the business. Jane Street Group LLC increased its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% during the 4th 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 last quarter. Capital Wealth Alliance LLC increased its holdings 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 buying an additional 25,874 shares during the last quarter. GTS Securities LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter worth about $559,000. Advisory Services Network LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter valued at about $328,000. Finally, Leavell Investment Management Inc. grew its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 28.9% during the 4th quarter. Leavell Investment Management Inc. now owns 11,409 shares of the company’s stock valued at $404,000 after acquiring an additional 2,557 shares during the period.

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.