Short Interest in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Increases By 417.9%

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 288,848 shares, an increase of 417.9% from the December 31st total of 55,774 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 2,026,718 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 2,026,718 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are short sold.

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

Large investors have recently modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 98.0% during the second quarter. Farther Finance Advisors LLC now owns 1,742 shares of the company’s stock valued at $36,000 after buying an additional 862 shares during the last quarter. Sunbelt Securities Inc. increased its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 23.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,066 shares of the company’s stock valued at $66,000 after acquiring an additional 573 shares during the period. BNP Paribas Financial Markets acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 2nd quarter valued at approximately $98,000. MTM Investment Management LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 2nd quarter worth $103,000. Finally, Red Tortoise LLC bought a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth $127,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Up 1.3%

BCI stock opened at $21.82 on Wednesday. The firm has a fifty day moving average price of $21.71 and a two-hundred day moving average price of $21.50. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 1-year low of $19.45 and a 1-year high of $23.37.

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

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a dividend of $3.2198 per share. This represents a yield of 1,623.0%. The ex-dividend date was Tuesday, December 30th.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

The abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) is an exchange-traded fund that is based on the Bloomberg Commodity Total Return index. The fund seeks to outperform a broad-market commodity index through the active management of the fund`s collateral. The index includes 26 commodity futures with maturities of 1-3 months. BCI was launched on Mar 30, 2017 and is managed by Abrdn.