Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Shares Shorted: Short Interest Up 174.1% in October

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 10,232,254 shares, a growth of 174.1% from the October 15th total of 3,732,395 shares. Based on an average trading volume of 4,671,623 shares, the short-interest ratio is presently 2.2 days. Currently, 2.5% of the company’s stock are sold short.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 0.3%

NASDAQ PDBC opened at $18.41 on Friday. The company has a fifty day moving average price of $19.53 and a 200-day moving average price of $17.60. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 1 year low of $13.23 and a 1 year high of $20.36.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of hedge funds have recently bought and sold shares of PDBC. Brown Lisle Cummings Inc. boosted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 833.1% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 1,549 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 1,383 shares during the last quarter. Pinnacle Bancorp Inc. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter valued at $32,000. Pacifica Partners Inc. purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 3rd quarter worth about $41,000. Triumph Capital Management lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13,471.4% in the second quarter. Triumph Capital Management now owns 2,850 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 2,829 shares in the last quarter. Finally, MCF Advisors LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth approximately $68,000.

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.