Short Interest in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Grows By 115.3%

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 115,236 shares, an increase of 115.3% from the April 15th total of 53,529 shares. Based on an average trading volume of 49,023 shares, the short-interest ratio is currently 2.4 days. Approximately 1.0% of the company’s stock are sold short.

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

A number of hedge funds have recently made changes to their positions in BCD. Flow Traders U.S. LLC raised its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 787.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 75,522 shares of the company’s stock worth $2,595,000 after purchasing an additional 67,011 shares during the period. American National Bank & Trust raised its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 26.3% during the 4th quarter. American National Bank & Trust now owns 170,356 shares of the company’s stock worth $5,274,000 after purchasing an additional 35,513 shares during the period. Madison Asset Management LLC raised its stake 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 worth $1,636,000 after purchasing an additional 24,078 shares during the period. Aureus Asset Management LLC bought a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the 1st quarter worth $213,000. Finally, Columbia River Financial Group LLC raised its stake in shares of 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 during the period.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Trading Down 1.1%

Shares of NYSEARCA BCD traded down $0.41 during mid-day trading on Friday, reaching $37.74. 31,592 shares of the company’s stock were exchanged, compared to its average volume of 75,664. 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 price of $36.38 and a two-hundred day moving average price of $35.03.

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.