Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Short Interest Update

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 12,102 shares, a growth of 49.1% from the December 31st total of 8,116 shares. Based on an average daily volume of 12,343 shares, the short-interest ratio is presently 1.0 days. Currently, 2.2% of the company’s stock are sold short. Currently, 2.2% of the company’s stock are sold short. Based on an average daily volume of 12,343 shares, the short-interest ratio is presently 1.0 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Price Performance

Shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock opened at $17.30 on Tuesday. The business has a 50-day moving average price of $17.51 and a 200 day moving average price of $16.71. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a fifty-two week low of $14.27 and a fifty-two week high of $19.17.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $2.0009 dividend. This represents a dividend yield of 1,234.0%. The ex-dividend date was Monday, December 22nd.

Hedge Funds Weigh In On Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

Large investors have recently added to or reduced their stakes in the company. WT Wealth Management acquired a new position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF in the fourth quarter worth $1,155,000. Invested Advisors acquired a new stake in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the third quarter worth $192,000. Finally, Jane Street Group LLC lifted its position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF by 89.9% in the 2nd quarter. Jane Street Group LLC now owns 39,699 shares of the company’s stock worth $619,000 after buying an additional 18,798 shares during the last quarter.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Company Profile

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles. EVMT was launched on Apr 27, 2022 and is managed by Invesco.