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

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a large growth in short interest in the month of 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. Based on an average daily trading volume, of 64,491 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are sold short.

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

Several hedge funds have recently bought and sold shares of the stock. Cohen & Steers Inc. boosted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% in the fourth quarter. Cohen & Steers Inc. now owns 19,375 shares of the company’s stock valued at $600,000 after buying an additional 1,290 shares during the period. CoreCap Advisors LLC raised its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 2.1% during the second quarter. CoreCap Advisors LLC now owns 103,163 shares of the company’s stock worth $3,523,000 after acquiring an additional 2,095 shares during the period. Mengis Capital Management Inc. lifted its position 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 acquiring an additional 2,344 shares in the last quarter. VanderPol Investments L.L.C. lifted its position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 6.1% in the 4th quarter. VanderPol Investments L.L.C. now owns 74,259 shares of the company’s stock valued at $2,299,000 after acquiring an additional 4,254 shares in the last quarter. Finally, Columbia River Financial Group LLC increased its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.5% during the 4th quarter. Columbia River Financial Group LLC now owns 149,005 shares of the company’s stock worth $4,613,000 after purchasing an additional 5,081 shares in the last quarter.

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

Shares of BCD traded down $0.10 during trading hours on Friday, reaching $36.69. The stock had a trading volume of 27,067 shares, compared to its average volume of 69,663. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 52 week low of $30.87 and a 52 week high of $38.72. The firm has a 50-day moving average of $35.90 and a 200 day moving average of $35.19.

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.