Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Down 64.2% in August

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 8,907 shares, a decrease of 64.2% from the July 30th total of 24,899 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 73,022 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Trading Up 1.0%

Shares of PDBA stock traded up $0.40 on Friday, reaching $38.94. The company’s stock had a trading volume of 576,565 shares, compared to its average volume of 218,520. The stock’s fifty day simple moving average is $36.88 and its 200-day simple moving average is $36.26. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.69 and a 1 year high of $38.99.

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

A number of institutional investors and hedge funds have recently made changes to their positions in PDBA. CWM LLC increased its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% in the 4th quarter. CWM LLC now owns 1,602 shares of the company’s stock worth $54,000 after buying an additional 511 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% in the 2nd quarter. Osaic Holdings Inc. now owns 4,289 shares of the company’s stock valued at $150,000 after acquiring an additional 3,380 shares during the last quarter. Castleview Partners LLC lifted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 5.9% in the 1st quarter. Castleview Partners LLC now owns 7,703 shares of the company’s stock valued at $281,000 after acquiring an additional 426 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the third quarter worth about $289,000. Finally, LPL Financial LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter worth about $298,000.

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.