Short Interest in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Rises By 1,376.8%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 6,548,039 shares, an increase of 1,376.8% from the February 26th total of 443,398 shares. Approximately 1.9% of the shares of the company are sold short. Based on an average trading volume of 14,803,903 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 14,803,903 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.9% of the shares of the company are sold short.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Morgan Stanley boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 4.3% in the 4th quarter. Morgan Stanley now owns 19,076,997 shares of the exchange traded fund’s stock worth $252,770,000 after buying an additional 784,292 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5.4% during the second quarter. The Manufacturers Life Insurance Company now owns 8,850,916 shares of the exchange traded fund’s stock valued at $115,416,000 after acquiring an additional 452,374 shares during the period. The Manufacturers Life Insurance Company raised its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 6.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 8,788,312 shares of the exchange traded fund’s stock valued at $116,450,000 after acquiring an additional 513,683 shares during the period. SigFig Wealth Management LLC lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% in the fourth quarter. SigFig Wealth Management LLC now owns 7,636,200 shares of the exchange traded fund’s stock valued at $101,179,000 after acquiring an additional 183,037 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 2.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,148,011 shares of the exchange traded fund’s stock valued at $41,711,000 after acquiring an additional 77,195 shares in the last quarter.

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 $16.88 on Wednesday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.02 and a 12-month high of $17.49. The firm has a 50 day moving average of $15.10 and a 200 day moving average of $14.06.

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.