Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Down 81.9% in November

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 9,400 shares, a drop of 81.9% from the October 31st total of 51,900 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Castleview Partners LLC boosted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 43.1% during the third quarter. Castleview Partners LLC now owns 3,258 shares of the company’s stock valued at $123,000 after buying an additional 982 shares during the period. Leavell Investment Management Inc. boosted its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 44.1% during the 3rd quarter. Leavell Investment Management Inc. now owns 8,852 shares of the company’s stock valued at $333,000 after acquiring an additional 2,707 shares during the last quarter. NewSquare Capital LLC purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the second quarter worth about $334,000. Columbus Macro LLC increased its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 44.4% in the second quarter. Columbus Macro LLC now owns 55,390 shares of the company’s stock worth $1,905,000 after purchasing an additional 17,035 shares during the last quarter. Finally, Capital Wealth Alliance LLC raised its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 38.1% in the third quarter. Capital Wealth Alliance LLC now owns 60,617 shares of the company’s stock valued at $2,281,000 after purchasing an additional 16,721 shares in the last quarter.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

NASDAQ:PDBA traded up $0.20 during mid-day trading on Wednesday, hitting $38.84. 5,196 shares of the stock traded hands, compared to its average volume of 11,854. The business’s 50-day moving average price is $37.10 and its 200 day moving average price is $35.90. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12-month low of $29.41 and a 12-month high of $39.09.

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.