Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Sees Large Decrease in Short Interest
by Scott Moore · The Cerbat GemInvesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA – Get Free Report) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 28,334 shares, a drop of 91.1% from the March 15th total of 317,633 shares. Based on an average daily volume of 252,075 shares, the short-interest ratio is currently 0.1 days. Approximately 0.5% of the company’s stock are sold short.
Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance
Shares of NASDAQ:PDBA remained flat at $35.84 during trading on Friday. 96,538 shares of the stock were exchanged, compared to its average volume of 119,195. The firm’s 50-day moving average price is $35.24 and its 200-day moving average price is $35.01. Invesco Agriculture Commodity Strategy No K-1 ETF has a 1 year low of $33.88 and a 1 year high of $37.23.
Institutional Investors Weigh In On Invesco Agriculture Commodity Strategy No K-1 ETF
A number of institutional investors have recently made changes to their positions in PDBA. Castleview Partners LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 6.1% in the third quarter. Castleview Partners LLC now owns 7,924 shares of the company’s stock worth $283,000 after purchasing an additional 454 shares during the last quarter. CWM LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 46.8% in the fourth quarter. CWM LLC now owns 1,602 shares of the company’s stock worth $54,000 after purchasing an additional 511 shares during the last quarter. Perissos Private Wealth Management LLC boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 0.9% in the third quarter. Perissos Private Wealth Management LLC now owns 71,154 shares of the company’s stock worth $2,537,000 after purchasing an additional 661 shares during the last quarter. Csenge Advisory Group boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 5.7% in the fourth quarter. Csenge Advisory Group now owns 12,417 shares of the company’s stock worth $422,000 after purchasing an additional 669 shares during the last quarter. Finally, Leavell Investment Management Inc. boosted its holdings in Invesco Agriculture Commodity Strategy No K-1 ETF by 7.6% in the third quarter. Leavell Investment Management Inc. now owns 15,970 shares of the company’s stock worth $569,000 after purchasing an additional 1,128 shares during 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.