Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Update

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 4,840,000 shares, a growth of 44.9% from the August 31st total of 3,340,000 shares. Based on an average trading volume of 3,180,600 shares, the days-to-cover ratio is presently 1.5 days.

Hedge Funds Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Transcendent Capital Group LLC boosted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 25.1% in the first quarter. Transcendent Capital Group LLC now owns 3,577 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 717 shares during the last quarter. Verity Asset Management Inc. raised its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% in the 1st quarter. Verity Asset Management Inc. now owns 83,271 shares of the exchange traded fund’s stock worth $1,155,000 after purchasing an additional 815 shares during the period. PFG Investments LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.6% in the second quarter. PFG Investments LLC now owns 14,467 shares of the exchange traded fund’s stock valued at $203,000 after purchasing an additional 892 shares during the last quarter. Abich Financial Wealth Management LLC grew its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.9% during the second quarter. Abich Financial Wealth Management LLC now owns 9,903 shares of the exchange traded fund’s stock valued at $139,000 after purchasing an additional 896 shares during the period. Finally, Innealta Capital LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.3% in the second quarter. Innealta Capital LLC now owns 79,524 shares of the exchange traded fund’s stock worth $1,117,000 after buying an additional 1,007 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Up 0.4 %

PDBC stock traded up $0.05 during midday trading on Friday, hitting $13.46. The company’s stock had a trading volume of 3,987,308 shares, compared to its average volume of 3,351,603. The stock’s 50-day moving average price is $13.31 and its 200 day moving average price is $13.80. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $12.60 and a 1 year high of $15.22.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed.