Short Interest in Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Declines By 62.9%

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 7,302 shares, a drop of 62.9% from the December 15th total of 19,679 shares. Based on an average trading volume of 63,542 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 63,542 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NBCM. Wealth Enhancement Advisory Services LLC raised its position in Neuberger Berman Commodity Strategy ETF by 7.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,878,745 shares of the company’s stock worth $113,531,000 after purchasing an additional 340,301 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Neuberger Berman Commodity Strategy ETF by 8,159.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 631,654 shares of the company’s stock worth $14,860,000 after buying an additional 624,006 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Neuberger Berman Commodity Strategy ETF by 125.0% during the 3rd quarter. Private Advisor Group LLC now owns 163,044 shares of the company’s stock worth $3,836,000 after buying an additional 90,573 shares during the period. IAG Wealth Partners LLC boosted its stake in Neuberger Berman Commodity Strategy ETF by 10.5% in the 3rd quarter. IAG Wealth Partners LLC now owns 137,575 shares of the company’s stock valued at $3,236,000 after buying an additional 13,082 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in Neuberger Berman Commodity Strategy ETF by 52,496.1% in the second quarter. Osaic Holdings Inc. now owns 26,824 shares of the company’s stock valued at $597,000 after acquiring an additional 26,773 shares during the period.

Neuberger Berman Commodity Strategy ETF Trading Up 0.8%

NBCM stock traded up $0.18 during midday trading on Wednesday, hitting $23.87. 42,765 shares of the company traded hands, compared to its average volume of 53,874. Neuberger Berman Commodity Strategy ETF has a twelve month low of $20.39 and a twelve month high of $26.40. The business has a 50 day simple moving average of $23.82 and a 200-day simple moving average of $23.34.

Neuberger Berman Commodity Strategy ETF Company Profile

The Neuberger Berman Commodity Strategy ETF (NBCM) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund is actively managed to provide long and short exposure to the broad commodity market. The fund utilizes a subsidiary to invest in commodity-linked derivative instruments. NBCM was launched on Aug 27, 2012 and is managed by Neuberger Berman.