Short Interest in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Expands By 71.3%

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,105,748 shares, an increase of 71.3% from the May 31st total of 645,448 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 6,210,965 shares, the short-interest ratio is presently 0.2 days.

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

NASDAQ PDBC opened at $15.87 on Friday. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a one year low of $12.87 and a one year high of $18.95. The firm’s fifty day moving average is $17.50 and its two-hundred day moving average is $16.00.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pacifica Partners Inc. purchased a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at approximately $26,000. Tucker Asset Management LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth approximately $31,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the fourth quarter worth approximately $34,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth $34,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 23.7% during the second quarter. EverSource Wealth Advisors LLC now owns 4,070 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 781 shares during the period.

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.