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

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 305,477 shares, a growth of 66.7% from the January 29th total of 183,232 shares. Based on an average daily volume of 1,622,894 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 1,622,894 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BCI. EverSource Wealth Advisors LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter valued at $27,000. Horizon Investments LLC acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter valued at about $35,000. Silver Grove Financial Group Inc. purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter worth about $53,000. Sunbelt Securities Inc. lifted its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 23.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,066 shares of the company’s stock worth $66,000 after acquiring an additional 573 shares during the period. Finally, BNP Paribas Financial Markets acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the second quarter worth approximately $98,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Price Performance

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF stock traded up $0.25 during mid-day trading on Friday, hitting $21.81. 1,432,287 shares of the stock were exchanged, compared to its average volume of 1,614,796. 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 has a 50-day simple moving average of $21.11 and a 200 day simple moving average of $21.56.

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

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors 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%.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Company Profile

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.