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) saw 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 trading volume of 1,200 shares, the short-interest ratio is presently 1.5 days.

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 lifted its stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) by 25.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,587 shares of the company’s stock after purchasing an additional 5,335 shares during the period. Commonwealth Equity Services LLC owned about 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 Trading Down 1.3 %

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF stock traded down $0.20 during mid-day trading on Wednesday, hitting $15.20. The company’s stock had a trading volume of 366 shares, compared to its average volume of 2,030. 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. The stock’s fifty day moving average is $15.94 and its two-hundred day moving average is $16.50.

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.