Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Update

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 93,340 shares, a growth of 38.0% from the January 15th total of 67,649 shares. Currently, 4.9% of the shares of the stock are short sold. Based on an average daily volume of 27,041 shares, the days-to-cover ratio is currently 3.5 days. Based on an average daily volume of 27,041 shares, the days-to-cover ratio is currently 3.5 days. Currently, 4.9% of the shares of the stock are short sold.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDBA. CWM LLC acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 3rd quarter valued at about $39,000. Osaic Holdings Inc. boosted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% during the 2nd quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock worth $150,000 after purchasing an additional 3,380 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the second quarter worth about $219,000. Smithfield Trust Co raised its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 41.4% in the third quarter. Smithfield Trust Co now owns 7,000 shares of the company’s stock valued at $250,000 after buying an additional 2,050 shares during the last quarter. Finally, Castleview Partners LLC lifted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 6.1% during the third quarter. Castleview Partners LLC now owns 7,924 shares of the company’s stock valued at $283,000 after buying an additional 454 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Down 0.5%

Shares of Invesco Agriculture Commodity Strategy No K-1 ETF stock traded down $0.17 during trading on Friday, hitting $34.35. 18,464 shares of the company were exchanged, compared to its average volume of 34,192. Invesco Agriculture Commodity Strategy No K-1 ETF has a fifty-two week low of $33.69 and a fifty-two week high of $37.89. The firm has a 50 day moving average price of $34.40 and a 200 day moving average price of $35.14.

Invesco Agriculture Commodity Strategy No K-1 ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $1.1303 dividend. This represents a dividend yield of 333.0%. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco Agriculture Commodity Strategy No K-1 ETF

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.