Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Sees Significant Drop in Short Interest

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,100 shares, a drop of 8.3% from the November 15th total of 1,200 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC raised its position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,587 shares of the company’s stock after buying an additional 5,335 shares during the period. Commonwealth Equity Services LLC owned about 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 at the end of the most recent reporting period.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Down 0.8 %

Shares of NASDAQ:EVMT opened at $15.21 on Wednesday. The company has a 50 day moving average of $15.73 and a 200 day moving average of $16.01. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 12 month low of $15.01 and a 12 month high of $19.43.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Company Profile

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles.