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

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,100 shares, a drop of 8.3% from the December 15th total of 1,200 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 1.1 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Performance

NASDAQ:EVMT opened at $15.12 on Monday. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 52 week low of $14.47 and a 52 week high of $19.43. The stock’s fifty day moving average is $15.14 and its two-hundred day moving average is $15.63.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.5286 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC grew its holdings in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,587 shares of the company’s stock after purchasing 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.

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.