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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 14,300 shares, a growth of 21.2% from the February 13th total of 11,800 shares. Based on an average daily trading volume, of 36,600 shares, the short-interest ratio is presently 0.4 days. Currently, 1.1% of the shares of the company are sold short.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

Shares of Invesco Agriculture Commodity Strategy No K-1 ETF stock opened at $35.82 on Thursday. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.07 and a 1 year high of $40.42. The firm has a fifty day moving average price of $36.14 and a 200 day moving average price of $36.76.

Invesco Agriculture Commodity Strategy No K-1 ETF Increases Dividend

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

Hedge Funds 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. Jane Street Group LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 171.9% in the 4th quarter. Jane Street Group LLC now owns 70,031 shares of the company’s stock valued at $2,480,000 after purchasing an additional 44,274 shares during the last quarter. Capital Wealth Alliance LLC boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 42.7% in the 4th quarter. Capital Wealth Alliance LLC now owns 86,491 shares of the company’s stock valued at $3,063,000 after buying an additional 25,874 shares in the last quarter. GTS Securities LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at $559,000. Advisory Services Network LLC acquired a new position in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter valued at $328,000. Finally, Leavell Investment Management Inc. boosted its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 28.9% in the 4th quarter. Leavell Investment Management Inc. now owns 11,409 shares of the company’s stock valued at $404,000 after buying an additional 2,557 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.