abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Short Interest Update

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 54,145 shares, a decline of 56.4% from the December 15th total of 124,285 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 88,785 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 88,785 shares, the short-interest ratio is presently 0.6 days. Currently, 0.6% of the shares of the company are sold short.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Trading Up 0.1%

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF stock traded up $0.02 during midday trading on Wednesday, reaching $32.27. 62,630 shares of the company’s stock were exchanged, compared to its average volume of 100,181. The stock’s 50-day simple moving average is $34.88 and its 200 day simple moving average is $34.24. 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.

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

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

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BCD. MeadowBrook Investment Advisors LLC bought a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the second quarter valued at about $28,000. Flow Traders U.S. LLC bought a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 2nd quarter valued at about $282,000. Madison Asset Management LLC acquired a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the third quarter worth approximately $392,000. Wedbush Securities Inc. grew its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% in the second quarter. Wedbush Securities Inc. now owns 36,833 shares of the company’s stock valued at $1,221,000 after purchasing an additional 2,436 shares during the last quarter. Finally, American National Bank & Trust lifted its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 70.1% during the 2nd quarter. American National Bank & Trust now owns 53,963 shares of the company’s stock worth $1,789,000 after purchasing an additional 22,231 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.