abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 298,578 shares, an increase of 92.6% from the September 15th total of 155,037 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,609,200 shares, the short-interest ratio is currently 0.2 days.
Institutional Investors Weigh In On abrdn Bloomberg All Commodity Strategy K-1 Free ETF
A number of institutional investors have recently made changes to their positions in the stock. Financial & Tax Architects LLC boosted its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 5.7% during the 3rd quarter. Financial & Tax Architects LLC now owns 970,231 shares of the company’s stock worth $25,100,000 after purchasing an additional 52,579 shares during the period. CoreCap Advisors LLC increased its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 19.3% in the 3rd quarter. CoreCap Advisors LLC now owns 3,338 shares of the company’s stock valued at $86,000 after purchasing an additional 540 shares during the last quarter. First Community Trust NA acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 3rd quarter valued at approximately $78,000. Byrne Asset Management LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the third quarter valued at approximately $58,000. Finally, Sunbelt Securities Inc. raised its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 16.4% in the first quarter. Sunbelt Securities Inc. now owns 3,551 shares of the company’s stock valued at $86,000 after purchasing an additional 501 shares during the period.
abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Down 0.3%
NYSEARCA BCI traded down $0.09 during trading hours on Thursday, reaching $26.26. The company had a trading volume of 2,896,416 shares, compared to its average volume of 1,663,394. The stock has a 50-day moving average of $25.81 and a 200 day moving average of $24.64. 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.
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.
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