Short Interest in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Declines By 55.2%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,610,444 shares, a decrease of 55.2% from the November 30th total of 3,595,096 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 4,339,867 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 4,339,867 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PDBC. Revolve Wealth Partners LLC purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter valued at approximately $272,000. Raymond James Financial Inc. grew its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 21.4% in the 1st quarter. Raymond James Financial Inc. now owns 336,558 shares of the exchange traded fund’s stock worth $4,587,000 after purchasing an additional 59,242 shares during the period. Transamerica Financial Advisors LLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 14.9% during the 1st quarter. Transamerica Financial Advisors LLC now owns 117,861 shares of the exchange traded fund’s stock valued at $1,607,000 after buying an additional 15,262 shares during the last quarter. Oarsman Capital Inc. raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.6% during the 1st quarter. Oarsman Capital Inc. now owns 267,038 shares of the exchange traded fund’s stock valued at $3,640,000 after buying an additional 16,462 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 276.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 8,398,542 shares of the exchange traded fund’s stock worth $114,472,000 after buying an additional 6,167,308 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.2%

PDBC traded up $0.03 during midday trading on Friday, reaching $13.45. 3,911,016 shares of the company’s stock traded hands, compared to its average volume of 5,220,156. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.02 and a 52 week high of $14.00. The firm has a fifty day moving average of $13.59 and a two-hundred day moving average of $13.40.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.5086 dividend. This represents a dividend yield of 383.0%. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed. PDBC was launched on Nov 7, 2014 and is managed by Invesco.