abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Short Interest Up 4,958.6% in July

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 37,838 shares, a growth of 4,958.6% from the June 30th total of 748 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 64,491 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

Institutional investors have recently bought and sold shares of the stock. Aureus Asset Management LLC purchased a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the 1st quarter worth approximately $213,000. Flow Traders U.S. LLC bought a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the second quarter worth $282,000. Cohen & Steers Inc. boosted its stake 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 worth $600,000 after acquiring an additional 1,290 shares in the last quarter. Madison Asset Management LLC boosted its position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 89.9% during the fourth quarter. Madison Asset Management LLC now owns 21,646 shares of the company’s stock worth $670,000 after purchasing an additional 10,246 shares during the period. Finally, Mengis Capital Management Inc. grew its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.8% in 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.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Trading Down 0.3%

Shares of BCD stock opened at $36.69 on Friday. The business’s fifty day moving average is $35.88 and its 200-day moving average is $35.20. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 1 year low of $30.87 and a 1 year high of $38.72.

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.