Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Large Growth in Short Interest

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. Approximately 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 8,807,385 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 8,807,385 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.3% of the shares of the company are sold short.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 1.4%

Shares of PDBC opened at $14.92 on Friday. The firm’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 52 week low of $12.02 and a 52 week high of $15.27.

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

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

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

Several hedge funds and other institutional investors have recently bought and sold shares of PDBC. Consultiva Wealth Management CORP. boosted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% in the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 775 shares during the period. Pacifica Partners Inc. acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $26,000. Tucker Asset Management LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the fourth quarter valued at approximately $31,000. HHM Wealth Advisors LLC bought a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter valued at approximately $32,000. Finally, International Assets Investment Management LLC acquired a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth approximately $34,000.

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.