Short Interest in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Increases By 66.7%

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 305,477 shares, an increase of 66.7% from the January 29th total of 183,232 shares. Based on an average trading volume of 1,622,894 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 1,622,894 shares, the days-to-cover ratio is currently 0.2 days.

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

A number of large investors have recently bought and sold shares of BCI. Winthrop Capital Management LLC acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the second quarter valued at approximately $471,000. MTM Investment Management LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the second quarter worth $103,000. BNP Paribas Financial Markets bought a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the second quarter valued at $98,000. Captrust Financial Advisors increased its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 39.4% during the 2nd quarter. Captrust Financial Advisors now owns 43,885 shares of the company’s stock worth $911,000 after purchasing an additional 12,411 shares in the last quarter. Finally, Carter Financial Group INC. purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 2nd quarter valued at $984,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Price Performance

Shares of NYSEARCA:BCI traded up $0.48 during mid-day trading on Monday, reaching $22.29. 1,375,986 shares of the company’s stock were exchanged, compared to its average volume of 1,607,603. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a twelve month low of $19.45 and a twelve month high of $23.37. The business’s fifty day moving average price is $21.11 and its 200-day moving average price is $21.57.

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

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a dividend of $3.2198 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 1,623.0%.

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.