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

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) saw a large growth in short interest during the month of 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. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 53,246 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 53,246 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Neuberger Berman Commodity Strategy ETF

Large investors have recently added to or reduced their stakes in the company. Bessemer Group Inc. purchased a new position in Neuberger Berman Commodity Strategy ETF in the 2nd quarter worth approximately $43,000. IAG Wealth Partners LLC raised its position 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 last quarter. Vise Technologies Inc. purchased a new position in shares of Neuberger Berman Commodity Strategy ETF in the third quarter worth $223,000. NorthCrest Asset Manangement LLC purchased a new position in shares of Neuberger Berman Commodity Strategy ETF in the fourth quarter worth $338,000. Finally, Osaic Holdings Inc. grew its stake in Neuberger Berman Commodity Strategy ETF by 52,496.1% during 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 in the last quarter.

Neuberger Berman Commodity Strategy ETF Stock Performance

NBCM traded down $1.36 during trading on Friday, hitting $24.73. 48,563 shares of the company’s stock traded hands, compared to its average volume of 57,723. The company’s 50 day simple moving average is $23.94 and its two-hundred day simple moving average is $23.51. Neuberger Berman Commodity Strategy ETF has a 12-month low of $20.39 and a 12-month high of $26.40.

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.