Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Sees Significant Growth in Short Interest

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 93,340 shares, a growth of 38.0% from the January 15th total of 67,649 shares. Approximately 4.9% of the company’s stock are sold short. Based on an average trading volume of 27,041 shares, the short-interest ratio is presently 3.5 days. Based on an average trading volume of 27,041 shares, the short-interest ratio is presently 3.5 days. Approximately 4.9% of the company’s stock are sold short.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of NASDAQ PDBA traded down $0.09 during mid-day trading on Tuesday, hitting $34.27. The company had a trading volume of 8,915 shares, compared to its average volume of 33,352. The stock’s 50-day moving average price is $34.38 and its 200-day moving average price is $35.14. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.69 and a 1 year high of $37.89.

Invesco Agriculture Commodity Strategy No K-1 ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $1.1303 dividend. This represents a dividend yield of 333.0%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PDBA. CWM LLC bought a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 3rd quarter valued at $39,000. Osaic Holdings Inc. lifted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 371.8% in the second 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 period. International Assets Investment Management LLC purchased a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the second quarter worth about $219,000. Smithfield Trust Co grew its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 41.4% during the 3rd quarter. Smithfield Trust Co now owns 7,000 shares of the company’s stock valued at $250,000 after purchasing an additional 2,050 shares during the period. Finally, Castleview Partners LLC lifted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 6.1% in the 3rd quarter. Castleview Partners LLC now owns 7,924 shares of the company’s stock worth $283,000 after purchasing an additional 454 shares during the period.

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.