Short Interest in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Expands By 111.4%

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 220,067 shares, a growth of 111.4% from the August 15th total of 104,080 shares. Based on an average trading volume of 1,078,142 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. iA Global Asset Management Inc. purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter worth approximately $19,581,000. Financial & Tax Architects LLC boosted its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 6.2% in the first quarter. Financial & Tax Architects LLC now owns 942,286 shares of the company’s stock valued at $22,888,000 after buying an additional 55,071 shares in the last quarter. Disciplina Capital Management LLC boosted its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 24.9% in the fourth quarter. Disciplina Capital Management LLC now owns 488,815 shares of the company’s stock valued at $9,547,000 after buying an additional 97,496 shares in the last quarter. S. R. Schill & Associates acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter worth $6,255,000. Finally, Janney Montgomery Scott LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter worth $2,993,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Up 0.1%

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF stock traded up $0.04 on Monday, reaching $26.52. 1,165,970 shares of the stock were exchanged, compared to its average volume of 1,677,608. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 1-year low of $19.47 and a 1-year high of $26.81. The business has a fifty day moving average price of $24.57 and a two-hundred day moving average price of $24.12.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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.