Short Interest in abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Decreases By 66.1%

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 91,804 shares, a decline of 66.1% from the May 31st total of 271,036 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,049,822 shares, the short-interest ratio is currently 0.1 days.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Down 0.7%

Shares of BCI traded down $0.15 during mid-day trading on Monday, hitting $22.14. 729,837 shares of the stock were exchanged, compared to its average volume of 1,647,187. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 52-week low of $19.47 and a 52-week high of $25.97. The firm has a 50-day moving average of $24.30 and a two-hundred day moving average of $22.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Disciplina Capital Management LLC boosted its stake 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 purchasing an additional 97,496 shares during the period. iA Global Asset Management Inc. purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth $19,581,000. Winthrop Capital Management LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth $442,000. Horizon Investments LLC bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter worth $35,000. Finally, JPMorgan Chase & Co. lifted its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 20,626.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,218 shares of the company’s stock valued at $134,000 after buying an additional 6,188 shares in the last quarter.

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.