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 large increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,876,149 shares, an increase of 100.3% from the December 31st total of 1,435,955 shares. Based on an average daily trading volume, of 5,016,414 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.8% of the company’s shares are short sold. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 5,016,414 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PDBC. Consultiva Wealth Management CORP. raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the second quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 775 shares during the period. Pacifica Partners Inc. bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter valued at about $26,000. HHM Wealth Advisors LLC purchased a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 2nd quarter worth about $32,000. Atlantic Union Bankshares Corp bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth about $36,000. Finally, Financial Gravity Companies Inc. bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth about $38,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 3.3%

Shares of NASDAQ PDBC traded down $0.50 during mid-day trading on Friday, hitting $14.52. 16,827,138 shares of the stock traded hands, compared to its average volume of 5,778,403. The stock has a fifty day moving average price of $13.73 and a 200-day moving average price of $13.49. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 52 week low of $12.02 and a 52 week high of $15.27.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.5086 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 383.0%.

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.