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 decrease in short interest in the month of September. As of September 15th, there was short interest totaling 114,347 shares, a decrease of 54.4% from the August 31st total of 250,853 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 575,806 shares, the days-to-cover ratio is currently 0.2 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Shares of NASDAQ PDBA traded down $0.02 during midday trading on Tuesday, reaching $37.73. The stock had a trading volume of 150,169 shares, compared to its average volume of 238,080. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12-month low of $33.69 and a 12-month high of $39.41. The stock has a 50-day moving average of $37.86 and a 200-day moving average of $36.87.

Institutional Investors Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of PDBA. Envestnet Asset Management Inc. boosted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 47.4% in the second quarter. Envestnet Asset Management Inc. now owns 141,069 shares of the company’s stock worth $5,025,000 after acquiring an additional 45,369 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter valued at approximately $43,000. NewEdge Advisors LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth approximately $107,000. IFP Advisors Inc bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth approximately $62,000. Finally, Briaud Financial Planning Inc boosted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 4.5% in the 2nd quarter. Briaud Financial Planning Inc now owns 621,833 shares of the company’s stock worth $22,150,000 after purchasing an additional 27,050 shares during the period.

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.