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 increase in short interest in June. As of June 30th, there was short interest totaling 517,562 shares, an increase of 463.8% from the June 15th total of 91,804 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,746,083 shares, the short-interest ratio is currently 0.3 days.

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

Shares of NYSEARCA:BCI remained flat at $22.99 during trading on Friday. 1,619,231 shares of the stock were exchanged, compared to its average volume of 1,618,685. The firm’s 50-day moving average price is $23.94 and its 200-day moving average price is $22.94. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 1 year low of $19.47 and a 1 year high of $25.97.

Institutional Trading of abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Institutional investors have recently added to or reduced their stakes in the business. iA Global Asset Management Inc. bought a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 4th quarter worth $19,581,000. Financial & Tax Architects LLC boosted its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 6.2% during the first 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. Disciplina Capital Management LLC boosted its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 24.9% during the fourth quarter. Disciplina Capital Management LLC now owns 488,815 shares of the company’s stock valued at $9,547,000 after buying an additional 97,496 shares during the last quarter. S. R. Schill & Associates bought a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 1st quarter worth about $6,255,000. Finally, Janney Montgomery Scott LLC bought a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 1st quarter worth about $2,993,000.

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.