Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Down 81.9% in November

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 9,400 shares, a decline of 81.9% from the October 31st total of 51,900 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.9 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Performance

Shares of Invesco Agriculture Commodity Strategy No K-1 ETF stock traded up $0.20 during trading on Wednesday, reaching $38.84. 5,196 shares of the stock were exchanged, compared to its average volume of 11,854. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $29.41 and a 1 year high of $39.09. The stock’s fifty day moving average is $37.10 and its 200 day moving average is $35.90.

Institutional Investors Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF

Several institutional investors and hedge funds have recently bought and sold shares of PDBA. Castleview Partners LLC increased its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 43.1% during the third quarter. Castleview Partners LLC now owns 3,258 shares of the company’s stock valued at $123,000 after buying an additional 982 shares during the period. Leavell Investment Management Inc. increased its position 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 valued at $333,000 after purchasing an additional 2,707 shares during the period. NewSquare Capital LLC bought a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth $334,000. Columbus Macro LLC lifted its position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 44.4% in the 2nd quarter. Columbus Macro LLC now owns 55,390 shares of the company’s stock worth $1,905,000 after purchasing an additional 17,035 shares during the period. Finally, Capital Wealth Alliance LLC boosted its stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 38.1% during the 3rd quarter. Capital Wealth Alliance LLC now owns 60,617 shares of the company’s stock valued at $2,281,000 after purchasing an additional 16,721 shares in the last quarter.

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.