Short Interest in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Rises By 73.7%

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 94,047 shares, a growth of 73.7% from the December 31st total of 54,145 shares. Based on an average daily volume of 94,978 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 94,978 shares, the days-to-cover ratio is presently 1.0 days.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Stock Performance

Shares of NYSEARCA BCD opened at $33.58 on Friday. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a one year low of $30.86 and a one year high of $37.19. The business has a fifty day simple moving average of $34.32 and a 200 day simple moving average of $34.22.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $5.3293 per share. This represents a dividend yield of 1,696.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. MeadowBrook Investment Advisors LLC acquired a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the second quarter worth about $28,000. Flow Traders U.S. LLC bought a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 2nd quarter valued at approximately $282,000. Madison Asset Management LLC acquired a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 3rd quarter worth approximately $392,000. Wedbush Securities Inc. lifted its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 7.1% during the 2nd quarter. Wedbush Securities Inc. now owns 36,833 shares of the company’s stock worth $1,221,000 after buying an additional 2,436 shares during the period. Finally, Mengis Capital Management Inc. boosted its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 10.5% in the 2nd quarter. Mengis Capital Management Inc. now owns 56,721 shares of the company’s stock valued at $1,880,000 after buying an additional 5,385 shares in the last quarter.

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.