Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Down 98.2% in March

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,578 shares, a drop of 98.2% from the February 26th total of 250,064 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 101,109 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 101,109 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Neuberger Berman Commodity Strategy ETF Price Performance

NBCM stock remained flat at $27.20 during midday trading on Wednesday. 31,601 shares of the company’s stock were exchanged, compared to its average volume of 74,533. The firm has a 50 day moving average price of $25.43 and a 200-day moving average price of $24.33. Neuberger Berman Commodity Strategy ETF has a 1-year low of $20.39 and a 1-year high of $30.22.

Institutional Trading of Neuberger Berman Commodity Strategy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada purchased a new stake in Neuberger Berman Commodity Strategy ETF during the 4th quarter worth about $64,000. Vise Technologies Inc. purchased a new position in Neuberger Berman Commodity Strategy ETF during the 3rd quarter valued at about $223,000. NorthCrest Asset Manangement LLC bought a new stake in shares of Neuberger Berman Commodity Strategy ETF during the fourth quarter valued at about $338,000. Osaic Holdings Inc. increased its position in shares of 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 buying an additional 26,773 shares during the period. Finally, IAG Wealth Partners LLC lifted its holdings in shares of Neuberger Berman Commodity Strategy ETF by 4.4% in the second quarter. IAG Wealth Partners LLC now owns 124,493 shares of the company’s stock worth $2,770,000 after buying an additional 5,220 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.