Short Interest in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Increases By 37.0%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBCGet Rating) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 1,320,000 shares, a growth of 37.0% from the May 15th total of 963,400 shares. Based on an average daily volume of 7,109,000 shares, the days-to-cover ratio is currently 0.2 days.

Shares of NASDAQ PDBC traded up $0.05 during trading hours on Wednesday, reaching $20.08. The stock had a trading volume of 180,247 shares, compared to its average volume of 8,283,782. The business’s fifty day moving average is $19.11 and its two-hundred day moving average is $17.10. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a twelve month low of $13.22 and a twelve month high of $22.73.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Continental Investors Services Inc. raised its stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 3.5% in the first quarter. Continental Investors Services Inc. now owns 23,486 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 788 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% during the first quarter. J.W. Cole Advisors Inc. now owns 26,972 shares of the exchange traded fund’s stock worth $476,000 after acquiring an additional 1,112 shares in the last quarter. USAdvisors Wealth Management LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth $1,384,000. Insight Advisors LLC PA raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 59.0% during the first quarter. Insight Advisors LLC PA now owns 21,021 shares of the exchange traded fund’s stock worth $371,000 after acquiring an additional 7,798 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.2% during the first quarter. Kestra Private Wealth Services LLC now owns 17,507 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 3,300 shares in the last quarter.

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