Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Down 37.6% in February

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 11,800 shares, a decline of 37.6% from the January 31st total of 18,900 shares. Based on an average trading volume of 35,000 shares, the days-to-cover ratio is currently 0.3 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Shares of NASDAQ PDBA traded down $0.32 during mid-day trading on Friday, reaching $35.34. The company had a trading volume of 32,460 shares, compared to its average volume of 18,271. The company has a 50-day moving average price of $36.09 and a two-hundred day moving average price of $36.76. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1-year low of $31.97 and a 1-year high of $40.42.

Invesco Agriculture Commodity Strategy No K-1 ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $4.6081 dividend. This is an increase from Invesco Agriculture Commodity Strategy No K-1 ETF’s previous dividend of $2.04. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Leavell Investment Management Inc. increased its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 44.1% in the 3rd quarter. Leavell Investment Management Inc. now owns 8,852 shares of the company’s stock worth $333,000 after purchasing an additional 2,707 shares during the last quarter. Capital Wealth Alliance LLC raised its position 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 valued at $3,063,000 after acquiring an additional 25,874 shares in the last quarter. GTS Securities LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $559,000. Jane Street Group LLC grew its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% in the fourth quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock worth $2,480,000 after acquiring an additional 44,274 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter worth approximately $328,000.

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.