abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Stock Short Interest Report for September

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 298,578 shares, a growth of 92.6% from the September 15th total of 155,037 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,609,200 shares, the days-to-cover ratio is currently 0.2 days.

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

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF stock traded down $0.19 on Wednesday, hitting $26.35. The company’s stock had a trading volume of 906,500 shares, compared to its average volume of 1,657,131. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 52-week low of $19.47 and a 52-week high of $26.84. The firm has a fifty day moving average price of $25.70 and a 200-day moving average price of $24.61.

Hedge Funds 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. Financial & Tax Architects LLC lifted its holdings 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 purchasing an additional 55,071 shares in the last quarter. S. R. Schill & Associates purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter worth approximately $6,255,000. Janney Montgomery Scott LLC purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter worth approximately $2,993,000. SG Americas Securities LLC acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter worth approximately $615,000. Finally, Bayban acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter worth approximately $104,000.

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.