Short Interest in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Drops By 51.0%

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 50,609 shares, a decline of 51.0% from the February 12th total of 103,322 shares. Based on an average daily volume of 69,349 shares, the short-interest ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 69,349 shares, the short-interest ratio is currently 0.7 days.

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

Several large investors have recently added to or reduced their stakes in BCD. American National Bank & Trust raised its position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 149.9% during the third quarter. American National Bank & Trust now owns 134,843 shares of the company’s stock valued at $4,633,000 after purchasing an additional 80,880 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 317.1% in the 3rd quarter. CoreCap Advisors LLC now owns 129,789 shares of the company’s stock worth $4,460,000 after purchasing an additional 98,673 shares during the period. Mengis Capital Management Inc. increased its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.8% during the 4th quarter. Mengis Capital Management Inc. now owns 63,842 shares of the company’s stock valued at $1,977,000 after purchasing an additional 2,344 shares during the last quarter. Cohen & Steers Inc. increased its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% during the 4th quarter. Cohen & Steers Inc. now owns 19,375 shares of the company’s stock valued at $600,000 after purchasing an additional 1,290 shares during the last quarter. Finally, Columbia River Financial Group LLC raised its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.5% during the 4th quarter. Columbia River Financial Group LLC now owns 149,005 shares of the company’s stock valued at $4,613,000 after buying an additional 5,081 shares during the period.

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

BCD stock traded up $0.44 during trading on Thursday, hitting $36.71. 104,759 shares of the company’s stock traded hands, compared to its average volume of 81,043. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 52 week low of $30.86 and a 52 week high of $37.19. The business has a fifty day simple moving average of $33.34 and a 200 day simple moving average of $34.35.

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

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

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.