abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (NYSEARCA:BCIM) Short Interest Up 61.4% in October

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (NYSEARCA:BCIM) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 16,300 shares, a growth of 61.4% from the September 30th total of 10,100 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average daily trading volume, of 21,100 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 21,100 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.4% of the company’s stock are short sold.

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF Trading Down 0.4%

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF stock opened at $22.63 on Tuesday. abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF has a twelve month low of $18.90 and a twelve month high of $23.92. The company has a 50 day moving average of $21.65 and a 200-day moving average of $21.29.

Institutional Trading of abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

An institutional investor recently bought a new position in abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF stock. Flow Traders U.S. LLC acquired a new position in abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (NYSEARCA:BCIM) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,626 shares of the company’s stock, valued at approximately $426,000. Flow Traders U.S. LLC owned approximately 1.74% of abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF as of its most recent SEC filing.

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF Company Profile

The abrdn ETFs – abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks an index of four industrial metals futures with maturities of 1 to 3 months combined with cash collaterals invested in 3-month US treasuries.