Short Interest in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Decreases By 93.0%

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 114,951 shares, a decrease of 93.0% from the July 15th total of 1,641,274 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 2,976,839 shares, the days-to-cover ratio is presently 0.0 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter worth about $615,000. S. R. Schill & Associates acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter valued at approximately $6,255,000. Janney Montgomery Scott LLC acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter valued at approximately $2,993,000. Disciplina Capital Management LLC boosted its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 24.9% during the 4th quarter. Disciplina Capital Management LLC now owns 488,815 shares of the company’s stock worth $9,547,000 after acquiring an additional 97,496 shares in the last quarter. Finally, Winthrop Capital Management LLC purchased a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter worth approximately $442,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Price Performance

Shares of NYSEARCA BCI traded up $0.02 during trading on Tuesday, hitting $24.51. 1,616,894 shares of the company were exchanged, compared to its average volume of 1,735,784. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 1 year low of $19.47 and a 1 year high of $25.97. The firm’s fifty day moving average price is $23.42 and its 200 day moving average price is $23.42.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

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.