Short Interest in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Declines By 99.2%

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 100 shares, a decline of 99.2% from the June 15th total of 12,300 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Evergreen Wealth Solutions LLC increased its stake in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 13.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,286 shares of the company’s stock after purchasing an additional 2,834 shares during the quarter. Evergreen Wealth Solutions LLC owned approximately 4.23% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $394,000 as of its most recent filing with the Securities and Exchange Commission.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Trading Down 0.4 %

Shares of NASDAQ:EVMT traded down $0.07 during midday trading on Thursday, hitting $16.41. 1,061 shares of the stock were exchanged, compared to its average volume of 2,469. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a twelve month low of $15.70 and a twelve month high of $22.10. The company has a 50 day moving average price of $17.59 and a 200-day moving average price of $17.02.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Company Profile

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles.