Short Interest in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Declines By 99.2%

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totalling 100 shares, a decrease of 99.2% from the June 15th total of 12,300 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

An institutional investor recently raised its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock. Evergreen Wealth Solutions LLC boosted its position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 13.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,286 shares of the company’s stock after purchasing an additional 2,834 shares during the period. Evergreen Wealth Solutions LLC owned about 4.23% of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF worth $394,000 as of its most recent SEC filing.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Performance

NASDAQ:EVMT traded down $0.07 during mid-day trading on Thursday, hitting $16.41. 1,061 shares of the stock traded hands, compared to its average volume of 2,469. Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF has a 52 week low of $15.70 and a 52 week high of $22.10. The firm’s 50 day moving average is $17.59 and its two-hundred day moving average is $17.02.

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.