Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Update

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

Neuberger Berman Commodity Strategy ETF Trading Down 5.2%

Shares of NBCM stock traded down $1.36 during trading hours on Friday, hitting $24.73. The stock had a trading volume of 48,563 shares, compared to its average volume of 57,723. Neuberger Berman Commodity Strategy ETF has a one year low of $20.39 and a one year high of $26.40. The stock’s 50-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 bought and sold shares of NBCM. Bessemer Group Inc. bought a new stake in Neuberger Berman Commodity Strategy ETF during the 2nd quarter valued at $43,000. IAG Wealth Partners LLC increased its stake in shares of 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 buying an additional 5,220 shares during the period. Vise Technologies Inc. bought a new stake in shares of Neuberger Berman Commodity Strategy ETF in the third quarter valued at about $223,000. NorthCrest Asset Manangement LLC purchased a new stake in Neuberger Berman Commodity Strategy ETF in the fourth quarter worth about $338,000. Finally, Osaic Holdings Inc. grew its holdings in Neuberger Berman Commodity Strategy ETF by 52,496.1% during the 2nd quarter. Osaic Holdings Inc. now owns 26,824 shares of the company’s stock worth $597,000 after acquiring an additional 26,773 shares in the last quarter.

About Neuberger Berman Commodity Strategy ETF

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.