abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) Short Interest Up 463.8% in June

abrdn Bloomberg All Commodity Strategy K-1 Free ETF (NYSEARCA:BCI) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 517,562 shares, a growth of 463.8% from the June 15th total of 91,804 shares. Based on an average trading volume of 1,746,083 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Trading of abrdn Bloomberg All Commodity Strategy K-1 Free ETF

Large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new stake in abrdn Bloomberg All Commodity Strategy K-1 Free ETF in the fourth quarter worth $27,000. Horizon Investments LLC bought a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter worth $35,000. Silver Grove Financial Group Inc. bought a new position in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF during the 4th quarter worth $53,000. CoreCap Advisors LLC grew its stake in shares of abrdn Bloomberg All Commodity Strategy K-1 Free ETF by 29.8% during the 2nd quarter. CoreCap Advisors LLC now owns 2,798 shares of the company’s stock worth $63,000 after acquiring an additional 643 shares during the period. Finally, Sunbelt Securities Inc. increased its holdings in 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 worth $66,000 after acquiring an additional 573 shares during the last quarter.

abrdn Bloomberg All Commodity Strategy K-1 Free ETF Trading Up 1.5%

Shares of BCI stock traded up $0.34 during trading hours on Monday, hitting $23.33. 641,602 shares of the company were exchanged, compared to its average volume of 1,610,926. The firm has a fifty day simple moving average of $23.94 and a 200 day simple moving average of $22.94. abrdn Bloomberg All Commodity Strategy K-1 Free ETF has a 52-week low of $19.47 and a 52-week high of $25.97.

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.