abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD – Get Free Report) was the target of a large growth in short interest during the month of 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 shares of the company are short sold.
Institutional Investors Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aureus Asset Management LLC acquired a new stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the first quarter valued at approximately $213,000. Madison Asset Management LLC increased its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 111.2% in the 1st 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 period. Mengis Capital Management Inc. increased its holdings in shares of 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 acquiring an additional 2,344 shares during the period. Finally, CoreCap Advisors LLC raised its position 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 last quarter.
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Price Performance
Shares of NYSEARCA BCD opened at $38.58 on Tuesday. The business has a 50-day moving average price of $37.79 and a 200 day moving average price of $36.72. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 52-week low of $30.87 and a 52-week high of $39.55.
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.
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