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

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

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Invesco Agriculture Commodity Strategy No K-1 ETF stock traded up $0.03 on Friday, hitting $35.28. 2,607 shares of the stock traded hands, compared to its average volume of 19,721. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.07 and a 1 year high of $40.42. The business’s fifty day simple moving average is $36.17 and its 200 day simple moving average is $36.76.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Capital Wealth Alliance LLC grew its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 42.7% in the fourth quarter. Capital Wealth Alliance LLC now owns 86,491 shares of the company’s stock worth $3,063,000 after purchasing an additional 25,874 shares during the period. Jane Street Group LLC boosted its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% in the 4th quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock worth $2,480,000 after purchasing an additional 44,274 shares in the last quarter. GTS Securities LLC purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter worth approximately $559,000. Leavell Investment Management Inc. increased its position in 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 buying an additional 2,557 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF during the fourth quarter valued at $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.