Short Interest in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Rises By 417.9%

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 288,848 shares, a growth of 417.9% from the December 31st total of 55,774 shares. Based on an average daily trading volume, of 2,026,718 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 2,026,718 shares, the short-interest ratio is presently 0.1 days.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Up 1.3%

NYSEARCA:BCI traded up $0.28 during midday trading on Thursday, reaching $22.33. 2,440,900 shares of the stock traded hands, compared to its average volume of 1,619,489. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 12-month low of $19.45 and a 12-month high of $23.37. The business has a 50-day moving average of $21.70 and a two-hundred day moving average of $21.51.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $3.2198 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 1,623.0%.

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC grew its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 98.0% during the second quarter. Farther Finance Advisors LLC now owns 1,742 shares of the company’s stock worth $36,000 after acquiring an additional 862 shares during the last quarter. Sunbelt Securities Inc. grew its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 23.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,066 shares of the company’s stock worth $66,000 after purchasing an additional 573 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 2nd quarter valued at approximately $98,000. MTM Investment Management LLC purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the second quarter worth $103,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 20,626.7% during the third quarter. JPMorgan Chase & Co. now owns 6,218 shares of the company’s stock worth $134,000 after buying an additional 6,188 shares during the period.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Company Profile

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is an exchange-traded fund that is based on the Bloomberg Commodity Total Return index. The fund seeks to outperform a broad-market commodity index through the active management of the fund`s collateral. The index includes 26 commodity futures with maturities of 1-3 months. BCI was launched on Mar 30, 2017 and is managed by Abrdn.