abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Short Interest Down 36.6% in January

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCIGet Free Report) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 183,232 shares, a drop of 36.6% from the January 15th total of 288,848 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 1,397,289 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 1,397,289 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.3%

NYSEARCA:BCI traded up $0.06 during trading hours on Friday, hitting $20.96. 2,898,751 shares of the stock were exchanged, compared to its average volume of 1,682,252. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a twelve month low of $19.45 and a twelve month high of $23.37. The company’s 50 day moving average is $21.36 and its two-hundred day moving average is $21.50.

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

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

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter valued at approximately $27,000. Horizon Investments LLC acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 4th quarter valued at $35,000. Sunbelt Securities Inc. lifted its stake in shares of 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 purchasing an additional 573 shares during the period. BNP Paribas Financial Markets bought a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 2nd quarter worth $98,000. Finally, MTM Investment Management LLC acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the second quarter worth $103,000.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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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.

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