Short Interest in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Grows By 115.3%

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 115,236 shares, an increase of 115.3% from the April 15th total of 53,529 shares. Based on an average daily trading volume, of 49,023 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.0% of the shares of the stock are sold short.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Stock Down 1.1%

NYSEARCA:BCD opened at $37.74 on Friday. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 52-week low of $30.87 and a 52-week high of $38.72. The stock has a fifty day simple moving average of $36.38 and a 200-day simple moving average of $35.03.

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

Large investors have recently modified their holdings of the business. Aureus Asset Management LLC purchased a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the 1st quarter worth approximately $213,000. Flow Traders U.S. LLC purchased a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 2nd quarter valued at approximately $282,000. Madison Asset Management LLC purchased a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 3rd quarter valued at approximately $392,000. Cohen & Steers Inc. grew its holdings in 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 buying an additional 1,290 shares during the last quarter. Finally, Mengis Capital Management Inc. grew its holdings in 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 buying an additional 2,344 shares during the last quarter.

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.