abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) Short Interest Up 73.7% in January

abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (NYSEARCA:BCD) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 94,047 shares, a growth of 73.7% from the December 31st total of 54,145 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 94,978 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 94,978 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the shares of the company are short sold.

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

BCD traded down $1.18 during midday trading on Friday, reaching $33.58. The company had a trading volume of 101,998 shares, compared to its average volume of 80,545. abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF has a 1 year low of $30.86 and a 1 year high of $37.19. The business has a 50-day moving average of $34.32 and a two-hundred day moving average of $34.22.

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

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a dividend of $5.3293 per share. This represents a yield of 1,696.0%. The ex-dividend date was Tuesday, December 30th.

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

Several hedge funds have recently added to or reduced their stakes in BCD. American National Bank & Trust lifted its holdings in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 26.3% during the fourth quarter. American National Bank & Trust now owns 170,356 shares of the company’s stock worth $5,274,000 after buying an additional 35,513 shares during the period. Flow Traders U.S. LLC raised its position in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 787.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 75,522 shares of the company’s stock worth $2,595,000 after acquiring an additional 67,011 shares in the last quarter. Columbia River Financial Group LLC raised its position in shares of 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 worth $5,143,000 after acquiring an additional 2,077 shares in the last quarter. Mengis Capital Management Inc. lifted its stake in shares of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF by 8.4% during the 3rd quarter. Mengis Capital Management Inc. now owns 61,498 shares of the company’s stock worth $2,113,000 after purchasing an additional 4,777 shares during the last quarter. Finally, Madison Asset Management LLC bought a new stake in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF during the third quarter valued at about $392,000.

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.