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 decline in short interest during the month of January. As of January 30th, there was short interest totaling 183,232 shares, a decline of 36.6% from the January 15th total of 288,848 shares. Based on an average daily volume of 1,397,289 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,397,289 shares, the short-interest ratio is presently 0.1 days.

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

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF stock traded up $0.05 during trading on Friday, reaching $20.95. The company’s stock had a trading volume of 398,073 shares, compared to its average volume of 1,595,332. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 52-week low of $19.45 and a 52-week high of $23.37. The firm’s 50-day moving average is $21.41 and its two-hundred day moving average is $21.50.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a $3.2198 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 1,623.0%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BCI. EverSource Wealth Advisors LLC purchased a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter valued at approximately $27,000. Horizon Investments LLC purchased a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth about $35,000. Sunbelt Securities Inc. boosted its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 23.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,066 shares of the company’s stock worth $66,000 after buying an additional 573 shares during the period. BNP Paribas Financial Markets purchased a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the second quarter valued at about $98,000. Finally, MTM Investment Management LLC bought a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 2nd quarter valued at approximately $103,000.

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.