Short Interest in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Rises By 102.2%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,562,856 shares, an increase of 102.2% from the July 30th total of 1,267,768 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 7,471,170 shares, the short-interest ratio is presently 0.3 days.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Stock Performance

PDBC traded down $0.03 during trading on Friday, hitting $18.39. The stock had a trading volume of 5,058,189 shares, compared to its average volume of 7,960,666. The company has a 50 day moving average price of $17.22 and a 200-day moving average price of $17.07. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $13.10 and a one year high of $18.95.

Institutional Investors Weigh In On Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

A number of institutional investors have recently modified their holdings of PDBC. Tucker Asset Management LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter worth about $31,000. International Assets Investment Management LLC acquired a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the 4th quarter worth approximately $34,000. Ascentis Independent Advisors bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth approximately $34,000. Triumph Capital Management increased its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 13,471.4% during the second quarter. Triumph Capital Management now owns 2,850 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 2,829 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% in the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 781 shares in the last quarter.

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.