abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Short Interest Update

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 31,793 shares, a growth of 87.2% from the August 31st total of 16,982 shares. Based on an average daily volume of 41,535 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Madison Asset Management LLC increased its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 111.2% during the first quarter. Madison Asset Management LLC now owns 45,724 shares of the company’s stock valued at $1,636,000 after acquiring an additional 24,078 shares during the last quarter. CoreCap Advisors LLC grew its stake 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 valued at $3,523,000 after purchasing an additional 2,095 shares during the period. Aureus Asset Management LLC bought a new position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 1st quarter valued at $213,000. Finally, Mengis Capital Management Inc. grew its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 3.8% in the 4th quarter. Mengis Capital Management Inc. now owns 63,842 shares of the company’s stock valued at $1,977,000 after purchasing an additional 2,344 shares during the period.

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 remained flat at $38.42 during midday trading on Wednesday. 24,372 shares of the company traded hands, compared to its average volume of 63,151. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 1-year low of $30.87 and a 1-year high of $39.55. The stock’s 50-day simple moving average is $37.83 and its 200-day simple moving average is $36.73.

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

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.