Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Update

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 250,853 shares, an increase of 2,716.4% from the August 15th total of 8,907 shares. Currently, 3.0% of the shares of the stock are sold short. Based on an average trading volume of 170,459 shares, the short-interest ratio is presently 1.5 days.

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

A number of hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC acquired a new stake in Invesco Agriculture Commodity Strategy No K-1 ETF in the second quarter valued at approximately $43,000. NewEdge Advisors LLC purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter valued at approximately $107,000. IFP Advisors Inc purchased a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 2nd quarter valued at approximately $62,000. Briaud Financial Planning Inc grew its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 4.5% in the 2nd quarter. Briaud Financial Planning Inc now owns 621,833 shares of the company’s stock valued at $22,150,000 after acquiring an additional 27,050 shares during the period. Finally, Proficio Capital Partners LLC grew its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 493.4% in the 2nd quarter. Proficio Capital Partners LLC now owns 865,860 shares of the company’s stock valued at $30,842,000 after acquiring an additional 719,935 shares during the period.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

PDBA stock opened at $38.69 on Friday. Invesco Agriculture Commodity Strategy No K-1 ETF has a 52-week low of $33.69 and a 52-week high of $39.41. The company’s 50-day simple moving average is $37.60 and its 200-day simple moving average is $36.60.

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.