abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Short Interest Up 111.4% in August

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 220,067 shares, a growth of 111.4% from the August 15th total of 104,080 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 1,078,142 shares, the days-to-cover ratio is currently 0.2 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. CoreCap Advisors LLC raised its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 29.8% during the second quarter. CoreCap Advisors LLC now owns 2,798 shares of the company’s stock worth $63,000 after acquiring an additional 643 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 16.4% during the 1st quarter. Sunbelt Securities Inc. now owns 3,551 shares of the company’s stock worth $86,000 after purchasing an additional 501 shares during the last quarter. S. R. Schill & Associates purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 1st quarter valued at approximately $6,255,000. Financial & Tax Architects LLC grew its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 6.2% during the 1st quarter. Financial & Tax Architects LLC now owns 942,286 shares of the company’s stock valued at $22,888,000 after buying an additional 55,071 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter worth $2,993,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 1.2%

NYSEARCA BCI opened at $26.77 on Wednesday. The business has a 50 day moving average price of $24.73 and a 200 day moving average price of $24.19. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 1-year low of $19.47 and a 1-year high of $26.84.

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.