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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 115,800 shares, a growth of 606.1% from the December 15th total of 16,400 shares. Based on an average trading volume of 21,500 shares, the days-to-cover ratio is presently 5.4 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PDBA. Columbus Macro LLC increased its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 24.7% in the 3rd quarter. Columbus Macro LLC now owns 69,075 shares of the company’s stock valued at $2,599,000 after acquiring an additional 13,685 shares in the last quarter. Castleview Partners LLC raised its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 43.1% in the 3rd quarter. Castleview Partners LLC now owns 3,258 shares of the company’s stock worth $123,000 after purchasing an additional 982 shares during the last quarter. Capital Wealth Alliance LLC raised its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 38.1% in the 3rd quarter. Capital Wealth Alliance LLC now owns 60,617 shares of the company’s stock worth $2,281,000 after purchasing an additional 16,721 shares during the last quarter. Finally, Leavell Investment Management Inc. lifted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 44.1% during the 3rd quarter. Leavell Investment Management Inc. now owns 8,852 shares of the company’s stock worth $333,000 after buying an additional 2,707 shares in the last quarter.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Up 1.2 %

NASDAQ PDBA traded up $0.43 during trading hours on Monday, reaching $35.60. 30,246 shares of the company’s stock were exchanged, compared to its average volume of 27,535. The firm has a fifty day moving average of $37.40 and a 200-day moving average of $36.30. Invesco Agriculture Commodity Strategy No K-1 ETF has a one year low of $29.72 and a one year high of $40.42.

Invesco Agriculture Commodity Strategy No K-1 ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $4.6081 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Invesco Agriculture Commodity Strategy No K-1 ETF’s previous dividend of $2.04.

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.