abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Sees Large Decline in Short Interest

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCDGet Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 748 shares, a decline of 95.4% from the June 15th total of 16,275 shares. Based on an average trading volume of 52,727 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Stock Performance

BCD traded down $0.03 during trading on Friday, hitting $35.16. 22,413 shares of the company’s stock traded hands, compared to its average volume of 72,679. The company’s 50 day simple moving average is $36.22 and its two-hundred day simple moving average is $35.08. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 12-month low of $30.87 and a 12-month high of $38.72.

Institutional Investors Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

Several institutional investors have recently modified their holdings of BCD. Flow Traders U.S. LLC bought a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 2nd quarter worth about $282,000. Columbia River Financial Group LLC boosted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 1.5% during the 3rd quarter. Columbia River Financial Group LLC now owns 143,924 shares of the company’s stock valued at $5,143,000 after acquiring an additional 2,077 shares during the last quarter. American National Bank & Trust boosted its holdings in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 26.3% during the 4th quarter. American National Bank & Trust now owns 170,356 shares of the company’s stock valued at $5,274,000 after acquiring an additional 35,513 shares during the last quarter. Madison Asset Management LLC grew its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 89.9% in the fourth quarter. Madison Asset Management LLC now owns 21,646 shares of the company’s stock worth $670,000 after acquiring an additional 10,246 shares during the period. Finally, VanderPol Investments L.L.C. grew its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 6.1% in the fourth quarter. VanderPol Investments L.L.C. now owns 74,259 shares of the company’s stock worth $2,299,000 after acquiring an additional 4,254 shares during the period.

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

(Get Free Report)

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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