abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Sees Significant Increase in Short Interest

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 124,285 shares, an increase of 356.6% from the November 30th total of 27,220 shares. Based on an average daily volume of 50,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.4% of the shares of the company are sold short. Currently, 1.4% of the shares of the company are sold short. Based on an average daily volume of 50,000 shares, the days-to-cover ratio is presently 2.5 days.

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

NYSEARCA BCD opened at $36.70 on Thursday. The business’s fifty day moving average is $35.61 and its 200 day moving average is $34.37. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a fifty-two week low of $30.86 and a fifty-two week high of $36.78.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Columbia River Financial Group LLC raised its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 1.5% during the 3rd quarter. Columbia River Financial Group LLC now owns 143,924 shares of the company’s stock worth $5,143,000 after acquiring an additional 2,077 shares during the period. American National Bank & Trust raised its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 149.9% during the 3rd quarter. American National Bank & Trust now owns 134,843 shares of the company’s stock valued at $4,633,000 after purchasing an additional 80,880 shares during the period. CoreCap Advisors LLC lifted its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 317.1% during the 3rd quarter. CoreCap Advisors LLC now owns 129,789 shares of the company’s stock valued at $4,460,000 after buying an additional 98,673 shares in the last quarter. FDx Advisors Inc. bought a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 2nd quarter worth $2,643,000. Finally, Flow Traders U.S. LLC increased its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 787.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 75,522 shares of the company’s stock worth $2,595,000 after buying an additional 67,011 shares in 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.