Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Large Increase in Short Interest

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,450,873 shares, an increase of 215.4% from the August 31st total of 777,087 shares. Based on an average trading volume of 5,874,836 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. 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 valued at $231,000 after purchasing an additional 624 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 16.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 6,204 shares of the exchange traded fund’s stock valued at $82,000 after purchasing an additional 865 shares during the last quarter. Integrated Advisors Network LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7.6% in the first quarter. Integrated Advisors Network LLC now owns 12,744 shares of the exchange traded fund’s stock valued at $221,000 after purchasing an additional 905 shares during the period. M1 Capital Management LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 9.2% during the 4th quarter. M1 Capital Management LLC now owns 11,634 shares of the exchange traded fund’s stock worth $154,000 after buying an additional 984 shares during the last quarter. Finally, Genesis Private Wealth LLC lifted its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 1.0% during the 1st quarter. Genesis Private Wealth LLC now owns 103,056 shares of the exchange traded fund’s stock worth $1,785,000 after buying an additional 984 shares during the last quarter.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Down 1.5%

Shares of NASDAQ:PDBC traded down $0.30 during mid-day trading on Friday, reaching $19.50. 7,716,050 shares of the stock were exchanged, compared to its average volume of 7,740,480. The stock’s 50 day simple moving average is $18.48 and its 200-day simple moving average is $17.70. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $13.10 and a one year high of $20.16.

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. PDBC was launched on Nov 7, 2014 and is managed by Invesco.