Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Sees Large Increase in Short Interest

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,800 shares, a growth of 350.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 1.5 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Down 1.3 %

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock traded down $0.20 during trading hours on Wednesday, hitting $15.20. 366 shares of the stock traded hands, compared to its average volume of 2,030. The firm’s 50 day moving average price is $15.94 and its 200-day moving average price is $16.50. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 1 year low of $15.01 and a 1 year high of $19.43.

Institutional Trading of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

A hedge fund recently raised its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC raised its position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,587 shares of the company’s stock after purchasing an additional 5,335 shares during the quarter. Commonwealth Equity Services LLC owned 4.83% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $443,000 at the end of the most recent reporting period.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles.