Short Interest in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Rises By 73.7%

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 94,047 shares, a growth of 73.7% from the December 31st total of 54,145 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 94,978 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 94,978 shares, the short-interest ratio is currently 1.0 days. Approximately 0.9% of the shares of the stock are sold short.

Institutional Trading of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. MeadowBrook Investment Advisors LLC bought a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 2nd quarter worth approximately $28,000. Columbia River Financial Group LLC raised its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 1.5% during the third quarter. Columbia River Financial Group LLC now owns 143,924 shares of the company’s stock worth $5,143,000 after acquiring an additional 2,077 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% during the second quarter. Wedbush Securities Inc. now owns 36,833 shares of the company’s stock worth $1,221,000 after acquiring an additional 2,436 shares during the last quarter. Mengis Capital Management Inc. lifted its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 8.4% during the third quarter. Mengis Capital Management Inc. now owns 61,498 shares of the company’s stock valued at $2,113,000 after acquiring an additional 4,777 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the second quarter valued at about $282,000.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Stock Performance

Shares of NYSEARCA:BCD opened at $33.58 on Friday. The business has a fifty day moving average of $34.32 and a 200-day moving average of $34.22. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a twelve month low of $30.86 and a twelve month high of $37.19.

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

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $5.3293 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 1,696.0%.

About abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

The abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) is an exchange-traded fund that mostly invests in broad market commodities. The abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (the Fund) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Commodity Index 3 Month Forward Total Return (the Index). BCD was launched on Mar 30, 2017 and is managed by Abrdn.