Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Short Interest Up 55.5% in February

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 4,537,999 shares, an increase of 55.5% from the January 29th total of 2,918,928 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 8,807,385 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 8,807,385 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.3% of the company’s shares are short sold.

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

Several hedge funds have recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $2,631,000. Advyzon Investment Management LLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 121.6% in the 3rd quarter. Advyzon Investment Management LLC now owns 112,865 shares of the exchange traded fund’s stock valued at $1,516,000 after acquiring an additional 61,939 shares during the period. Exencial Wealth Advisors LLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.9% in the 3rd quarter. Exencial Wealth Advisors LLC now owns 995,151 shares of the exchange traded fund’s stock valued at $13,365,000 after acquiring an additional 46,935 shares during the period. Canal Capital Management LLC lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 132.4% during the 2nd quarter. Canal Capital Management LLC now owns 107,523 shares of the exchange traded fund’s stock valued at $1,402,000 after purchasing an additional 61,252 shares during the last quarter. Finally, Bank of Nova Scotia bought a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter worth $13,040,000.

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

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF stock opened at $14.92 on Friday. The company’s 50 day simple moving average is $14.04 and its 200 day simple moving average is $13.65. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a fifty-two week low of $12.02 and a fifty-two week high of $15.27.

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

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

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.