PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio (PDBC) Short Interest Down 44.8% in January

PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio (NASDAQ:PDBC) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 390,931 shares, a drop of 44.8% from the January 12th total of 708,831 shares. Based on an average daily trading volume, of 1,089,449 shares, the days-to-cover ratio is currently 0.4 days.

Shares of PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio (NASDAQ PDBC) opened at $16.92 on Monday. PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio has a 52-week low of $14.95 and a 52-week high of $18.23.

Several institutional investors have recently bought and sold shares of the company. Afam Capital Inc. boosted its holdings in shares of PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio by 3.6% in the second quarter. Afam Capital Inc. now owns 44,458 shares of the exchange traded fund’s stock worth $702,000 after acquiring an additional 1,541 shares during the period. Sterling Global Strategies LLC boosted its holdings in shares of PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio by 0.9% in the fourth quarter. Sterling Global Strategies LLC now owns 351,622 shares of the exchange traded fund’s stock worth $6,136,000 after acquiring an additional 3,139 shares during the period. Sei Investments Co. boosted its holdings in shares of PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio by 24.5% in the third quarter. Sei Investments Co. now owns 30,540 shares of the exchange traded fund’s stock worth $514,000 after acquiring an additional 6,010 shares during the period. Betterment LLC boosted its holdings in shares of PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio by 16.6% in the third quarter. Betterment LLC now owns 42,466 shares of the exchange traded fund’s stock worth $716,000 after acquiring an additional 6,032 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio by 29.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 30,803 shares of the exchange traded fund’s stock worth $537,000 after acquiring an additional 7,021 shares during the period.

ILLEGAL ACTIVITY WARNING: “PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio (PDBC) Short Interest Down 44.8% in January” was originally published by American Banking News and is the property of of American Banking News. If you are reading this piece on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this piece can be read at https://www.americanbankingnews.com/2018/02/12/powershares-optimum-yield-diversified-commodity-strategy-no-k-1-portfolio-pdbc-short-interest-down-44-8-in-january.html.

Receive News & Ratings for PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Optimum Yield Diversified Commodity Strategy No K-1 Portfolio and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply