Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Sees Large Increase in Short Interest

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 13,347 shares, an increase of 82.8% from the December 31st total of 7,302 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 53,246 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 53,246 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Neuberger Berman Commodity Strategy ETF Stock Performance

Shares of NYSEARCA:NBCM traded down $1.36 during midday trading on Friday, reaching $24.73. 48,563 shares of the company traded hands, compared to its average volume of 57,723. Neuberger Berman Commodity Strategy ETF has a 12 month low of $20.39 and a 12 month high of $26.40. The firm’s fifty day moving average price is $23.94 and its two-hundred day moving average price is $23.51.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Bessemer Group Inc. bought a new stake in Neuberger Berman Commodity Strategy ETF during the second quarter valued at approximately $43,000. Vise Technologies Inc. bought a new stake in shares of Neuberger Berman Commodity Strategy ETF during the 3rd quarter worth $223,000. NorthCrest Asset Manangement LLC purchased a new position in Neuberger Berman Commodity Strategy ETF in the fourth quarter worth $338,000. Osaic Holdings Inc. increased its stake 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 last quarter. Finally, IAG Wealth Partners LLC raised its position in Neuberger Berman Commodity Strategy ETF by 4.4% during the second quarter. IAG Wealth Partners LLC now owns 124,493 shares of the company’s stock valued at $2,770,000 after purchasing an additional 5,220 shares in the last quarter.

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.