abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Short Interest Down 73.2% in December

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 55,774 shares, a drop of 73.2% from the December 15th total of 208,494 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 1,419,637 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 1,419,637 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Down 0.6%

Shares of BCI traded down $0.13 during trading hours on Thursday, hitting $20.28. 517,531 shares of the stock traded hands, compared to its average volume of 2,026,483. 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. The business has a fifty day moving average of $21.95 and a 200-day moving average of $21.50.

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

The company also recently announced 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%.

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

A number of large investors have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. raised its holdings in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 23.0% in the third quarter. Sunbelt Securities Inc. now owns 3,066 shares of the company’s stock valued at $66,000 after purchasing an additional 573 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 20.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,432 shares of the company’s stock valued at $92,000 after buying an additional 738 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 98.0% during the second quarter. Farther Finance Advisors LLC now owns 1,742 shares of the company’s stock worth $36,000 after purchasing an additional 862 shares during the period. NewEdge Advisors LLC increased its position in abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 3.7% during the 3rd quarter. NewEdge Advisors LLC now owns 52,435 shares of the company’s stock worth $1,129,000 after buying an additional 1,857 shares during the period. Finally, BNP Paribas Financial Markets acquired a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the 2nd quarter worth about $98,000.

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.