abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Sees Large Decrease in Short Interest

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 72,707 shares, a decline of 22.7% from the January 15th total of 94,047 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 66,187 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 66,187 shares, the short-interest ratio is currently 1.1 days. Approximately 0.7% of the company’s shares are short sold.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Stock Up 0.2%

NYSEARCA BCD traded up $0.05 during mid-day trading on Friday, reaching $32.85. 93,967 shares of the stock were exchanged, compared to its average volume of 82,636. The business’s fifty day simple moving average is $33.73 and its 200 day simple moving average is $34.16. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 1-year low of $30.86 and a 1-year high of $37.19.

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

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BCD. MeadowBrook Investment Advisors LLC acquired a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the second quarter worth approximately $28,000. Cohen & Steers Inc. raised its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% during the fourth quarter. Cohen & Steers Inc. now owns 19,375 shares of the company’s stock worth $600,000 after purchasing an additional 1,290 shares during the period. Columbia River Financial Group LLC boosted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 1.5% in the 3rd quarter. Columbia River Financial Group LLC now owns 143,924 shares of the company’s stock valued at $5,143,000 after purchasing an additional 2,077 shares during the last quarter. Wedbush Securities Inc. grew its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% during the 2nd quarter. Wedbush Securities Inc. now owns 36,833 shares of the company’s stock valued at $1,221,000 after buying an additional 2,436 shares during the period. Finally, VanderPol Investments L.L.C. increased its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 6.1% during the 4th quarter. VanderPol Investments L.L.C. now owns 74,259 shares of the company’s stock worth $2,299,000 after buying an additional 4,254 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.