Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Sees Large Decrease in Short Interest

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, a decrease of 33.3% from the October 31st total of 1,800 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 1.2 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Trading Down 0.1 %

NASDAQ EVMT opened at $15.46 on Friday. The stock has a fifty day simple moving average of $15.94 and a 200-day simple moving average of $16.31. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a twelve month low of $15.01 and a twelve month high of $19.43.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC lifted its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 26,587 shares of the company’s stock after acquiring an additional 5,335 shares during the quarter. Commonwealth Equity Services LLC owned 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 at the end of the most recent reporting period.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

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.