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

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,000 shares, an increase of 471.4% from the March 31st total of 700 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is currently 0.5 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Stock Down 1.5 %

NASDAQ PDBA traded down $0.59 during trading on Thursday, hitting $37.76. 9,313 shares of the company’s stock were exchanged, compared to its average volume of 10,785. Invesco Agriculture Commodity Strategy No K-1 ETF has a fifty-two week low of $29.41 and a fifty-two week high of $38.41. The stock’s 50 day moving average price is $34.51 and its two-hundred day moving average price is $32.52.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. NewSquare Capital LLC lifted its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 22.7% in the 4th quarter. NewSquare Capital LLC now owns 3,000 shares of the company’s stock valued at $90,000 after purchasing an additional 555 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 4th quarter valued at $129,000. Proficio Capital Partners LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF during the 3rd quarter valued at $444,000. Columbus Macro LLC grew its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 82.5% during the 4th quarter. Columbus Macro LLC now owns 38,095 shares of the company’s stock worth $1,137,000 after acquiring an additional 17,220 shares during the last quarter. Finally, Nilsine Partners LLC acquired a new position in Invesco Agriculture Commodity Strategy No K-1 ETF in the 4th quarter worth about $5,181,000.

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.