abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Stock Short Interest Declines 84.3%

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) was the recipient of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 7,137 shares, a decrease of 84.3% from the October 15th total of 45,433 shares. Based on an average trading volume of 41,861 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

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

Shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF stock traded down $0.05 during trading on Friday, hitting $36.48. The company’s stock had a trading volume of 14,961 shares, compared to its average volume of 63,529. 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 $39.56. The company has a fifty day simple moving average of $38.56 and a two-hundred day simple moving average of $36.56.

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

Several institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC raised its position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 2.1% in 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. Wedbush Securities Inc. purchased a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the 3rd quarter worth $2,490,000. Madison Asset Management LLC grew its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 111.2% during the 1st quarter. Madison Asset Management LLC now owns 45,724 shares of the company’s stock valued at $1,636,000 after acquiring an additional 24,078 shares during the period. Crescent Grove Advisors LLC grew its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 11.0% during the 3rd quarter. Crescent Grove Advisors LLC now owns 18,164 shares of the company’s stock valued at $699,000 after acquiring an additional 1,793 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 163.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,799 shares of the company’s stock valued at $300,000 after acquiring an additional 4,835 shares during the period.

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

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.