abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Sees Large Increase in Short Interest

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI – Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 298,578 shares, a growth of 92.6% from the September 15th total of 155,037 shares. Based on an average trading volume of 1,609,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 0.6%

NYSEARCA BCI traded up $0.17 on Friday, hitting $26.43. 540,347 shares of the company were exchanged, compared to its average volume of 1,657,624. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 12 month low of $19.47 and a 12 month high of $26.84. The stock has a fifty day moving average of $25.81 and a 200-day moving average of $24.64.

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

Several large investors have recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 3rd quarter worth approximately $58,000. Silver Grove Financial Group Inc. acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter worth approximately $53,000. CoreCap Advisors LLC raised its position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 29.8% during the second quarter. CoreCap Advisors LLC now owns 2,798 shares of the company’s stock worth $63,000 after purchasing an additional 643 shares during the period. First Community Trust NA acquired a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the third quarter worth approximately $78,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 16.4% in the 1st quarter. Sunbelt Securities Inc. now owns 3,551 shares of the company’s stock worth $86,000 after purchasing an additional 501 shares in the last quarter.

About abrdn Bloomberg All Commodity Strategy K-1 Free ETF

(Get Free Report)

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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