abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Short Interest Up 115.3% in April

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 115,236 shares, an increase of 115.3% from the April 15th total of 53,529 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 49,023 shares, the short-interest ratio is presently 2.4 days.

Hedge Funds Weigh In On abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF

Institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC purchased a new position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the second quarter valued at approximately $282,000. Madison Asset Management LLC purchased a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in the 3rd quarter worth approximately $392,000. Mengis Capital Management Inc. grew its stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 8.4% in the 3rd quarter. Mengis Capital Management Inc. now owns 61,498 shares of the company’s stock worth $2,113,000 after acquiring an additional 4,777 shares during the period. Columbia River Financial Group LLC raised its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 1.5% in 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. Finally, American National Bank & Trust raised its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 26.3% in 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.

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

Shares of BCD stock opened at $37.74 on Friday. The firm has a 50-day moving average price of $36.38 and a 200 day moving average price of $35.03. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a twelve month low of $30.87 and a twelve month high of $38.72.

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

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.