Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Get Free Report) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 2,337,044 shares, an increase of 262.3% from the June 30th total of 644,994 shares. Based on an average daily trading volume, of 6,485,440 shares, the short-interest ratio is presently 0.4 days. Currently, 0.6% of the company’s shares are sold short.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 1.7%
NASDAQ PDBC traded down $0.29 on Tuesday, hitting $17.05. The company’s stock had a trading volume of 1,811,463 shares, compared to its average volume of 8,274,501. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1-year low of $12.87 and a 1-year high of $18.95. The company’s 50-day moving average is $17.09 and its 200 day moving average is $16.43.
Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
A number of institutional investors and hedge funds have recently bought and sold shares of PDBC. Verus Capital Partners LLC lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% during the 1st quarter. Verus Capital Partners LLC now owns 13,365 shares of the exchange traded fund’s stock worth $231,000 after buying an additional 624 shares during the period. Narus Financial Partners LLC increased its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.4% in the fourth quarter. Narus Financial Partners LLC now owns 30,213 shares of the exchange traded fund’s stock valued at $400,000 after buying an additional 697 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 781 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the exchange traded fund’s stock worth $213,000 after acquiring an additional 791 shares during the last quarter. Finally, Integrated Advisors Network LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% during the first quarter. Integrated Advisors Network LLC now owns 12,744 shares of the exchange traded fund’s stock worth $221,000 after acquiring an additional 905 shares during the last quarter.
About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.
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