abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Short Interest Down 75.6% in March

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 770,281 shares, a decline of 75.6% from the February 26th total of 3,162,208 shares. Based on an average trading volume of 2,768,675 shares, the short-interest ratio is currently 0.3 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 2,768,675 shares, the short-interest ratio is currently 0.3 days.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.1%

NYSEARCA:BCI traded up $0.03 during midday trading on Wednesday, hitting $23.44. The stock had a trading volume of 1,008,597 shares, compared to its average volume of 1,853,332. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a one year low of $19.45 and a one year high of $24.34. The stock has a 50-day moving average of $21.92 and a 200 day moving average of $21.88.

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

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

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter valued at $27,000. Horizon Investments LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth about $35,000. Silver Grove Financial Group Inc. purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth about $53,000. Sunbelt Securities Inc. grew its holdings in 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 in the last quarter. Finally, BNP Paribas Financial Markets bought a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 2nd quarter worth about $98,000.

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.