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

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 271,036 shares, a decrease of 77.6% from the May 14th total of 1,208,728 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 1,275,916 shares, the short-interest ratio is currently 0.2 days.

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

Shares of BCI stock opened at $23.64 on Wednesday. The stock’s 50 day simple moving average is $24.63 and its 200 day simple moving average is $22.91. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a twelve month low of $19.47 and a twelve month high of $25.97.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BCI. iA Global Asset Management Inc. bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter worth $19,581,000. Financial & Tax Architects LLC boosted its holdings in shares of 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 worth $22,888,000 after buying an additional 55,071 shares during the period. Disciplina Capital Management LLC boosted its holdings 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 buying an additional 97,496 shares during the period. S. R. Schill & Associates bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 1st quarter worth $6,255,000. Finally, Janney Montgomery Scott LLC bought a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the first quarter valued at about $2,993,000.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Company Profile

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.