Short Interest in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Drops By 33.3%

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, a decrease of 33.3% from the October 31st total of 1,800 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 1.2 days.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Trading Up 0.1 %

Shares of EVMT stock traded up $0.01 on Friday, reaching $15.47. The company’s stock had a trading volume of 19 shares, compared to its average volume of 1,977. The stock’s fifty day simple moving average is $15.93 and its 200-day simple moving average is $16.28. 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 Inflows and Outflows

An institutional investor recently raised its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Commonwealth Equity Services LLC raised its holdings in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,587 shares of the company’s stock after purchasing an additional 5,335 shares during the period. 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 quarter.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Company Profile

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.