Neuberger Commodity Strategy ETF (NYSEARCA:NBCM) Stock Short Interest Report for September

Neuberger Commodity Strategy ETF (NYSEARCA:NBCM) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 148,387 shares, a growth of 228.6% from the September 15th total of 45,153 shares. Based on an average daily trading volume, of 74,379 shares, the short-interest ratio is presently 2.0 days. Approximately 0.9% of the company’s stock are short sold.

Neuberger Commodity Strategy ETF Price Performance

NBCM traded up $0.10 during trading on Tuesday, reaching $31.84. The stock had a trading volume of 73,601 shares, compared to its average volume of 74,887. The stock’s 50 day moving average is $30.73 and its two-hundred day moving average is $29.22. Neuberger Commodity Strategy ETF has a one year low of $22.13 and a one year high of $32.52.

Institutional Trading of Neuberger Commodity Strategy ETF

Hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC purchased a new position in Neuberger Commodity Strategy ETF during the third quarter valued at $190,000. HB Wealth Management LLC purchased a new stake in shares of Neuberger Commodity Strategy ETF in the second quarter worth $257,000. Bank of America Corp DE purchased a new stake in shares of Neuberger Commodity Strategy ETF in the first quarter worth $384,000. Finally, World Investment Advisors bought a new position in shares of Neuberger Commodity Strategy ETF during the first quarter valued at $1,412,000.

Neuberger 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.