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 target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 91,804 shares, a drop of 66.1% from the May 31st total of 271,036 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,049,822 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 2nd quarter worth $98,000. Captrust Financial Advisors grew its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 39.4% during the 2nd quarter. Captrust Financial Advisors now owns 43,885 shares of the company’s stock worth $911,000 after purchasing an additional 12,411 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 20,626.7% during the third quarter. JPMorgan Chase & Co. now owns 6,218 shares of the company’s stock worth $134,000 after purchasing an additional 6,188 shares during the period. NewEdge Advisors LLC boosted its holdings in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 3.7% in the 3rd quarter. NewEdge Advisors LLC now owns 52,435 shares of the company’s stock valued at $1,129,000 after purchasing an additional 1,857 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in shares of 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 valued at $66,000 after purchasing an additional 573 shares in the last quarter.

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

Shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF stock traded down $0.15 on Friday, reaching $22.29. 1,708,844 shares of the company were exchanged, compared to its average volume of 1,654,769. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 1-year low of $19.47 and a 1-year high of $25.97. The stock’s 50 day moving average price is $24.30 and its 200-day moving average price is $22.93.

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

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.