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 large increase in short interest in the month of February. As of February 13th, there was short interest totaling 305,477 shares, an increase of 66.7% from the January 29th total of 183,232 shares. Based on an average daily trading volume, of 1,622,894 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,622,894 shares, the short-interest ratio is presently 0.2 days.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Stock Up 1.2%

BCI traded up $0.25 during midday trading on Friday, hitting $21.81. 1,432,287 shares of the company were exchanged, compared to its average volume of 1,614,796. The firm’s 50 day moving average price is $21.11 and its 200-day moving average price is $21.56. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 1-year low of $19.45 and a 1-year high of $23.37.

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

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $3.2198 per share. This represents a yield of 1,623.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BCI. iA Global Asset Management Inc. acquired a new stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the fourth quarter worth $19,581,000. Financial & Tax Architects LLC acquired a new position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the third quarter valued at $20,663,000. Disciplina Capital Management LLC boosted its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 24.9% during the fourth quarter. Disciplina Capital Management LLC now owns 488,815 shares of the company’s stock valued at $9,547,000 after acquiring an additional 97,496 shares during the last quarter. Compass Financial Group Inc. acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 3rd quarter worth about $1,891,000. Finally, Carter Financial Group INC. acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 2nd quarter worth about $984,000.

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.