Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Down 43.4% in June

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 58,885 shares, a decline of 43.4% from the June 15th total of 104,096 shares. Based on an average daily volume of 628,457 shares, the short-interest ratio is currently 0.1 days. Currently, 0.7% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Eastern Bank acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth $11,239,000. Walser Wealth Management Company A Ltd Liability Co purchased a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the first quarter worth $5,174,000. WT Wealth Management purchased a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter worth about $1,551,000. Miller Global Investments LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $1,388,000. Finally, Assetmark Inc. acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF during the 1st quarter valued at $1,298,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Down 1.4%

Shares of NASDAQ PDBA traded down $0.52 during trading hours on Thursday, reaching $36.84. The stock had a trading volume of 81,990 shares, compared to its average volume of 245,916. Invesco Agriculture Commodity Strategy No K-1 ETF has a fifty-two week low of $33.69 and a fifty-two week high of $38.43. The firm has a 50-day moving average of $36.33 and a 200-day moving average of $35.59.

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.