abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Shares Shorted: Short Interest Down 84.3% in October

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 7,137 shares, a decline of 84.3% from the October 15th total of 45,433 shares. Based on an average daily volume of 41,861 shares, the short-interest ratio is presently 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 Performance

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF stock traded up $0.01 during trading hours on Thursday, reaching $36.56. The stock had a trading volume of 18,121 shares, compared to its average volume of 63,746. The business’s 50 day moving average price is $38.61 and its 200-day moving average price is $36.54. 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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Wedbush Securities Inc. acquired a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the third quarter worth $2,490,000. Crescent Grove Advisors LLC lifted its position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 11.0% during the third quarter. Crescent Grove Advisors LLC now owns 18,164 shares of the company’s stock valued at $699,000 after purchasing an additional 1,793 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 163.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,799 shares of the company’s stock valued at $300,000 after buying an additional 4,835 shares during the period. CoreCap Advisors LLC boosted its position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 2.1% in the 2nd quarter. CoreCap Advisors LLC now owns 103,163 shares of the company’s stock worth $3,523,000 after purchasing an additional 2,095 shares in the last quarter. Finally, Aureus Asset Management LLC purchased a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the first quarter worth $213,000.

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.