Short Interest in Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Expands By 21.2%

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 19,743 shares, an increase of 21.2% from the January 29th total of 16,292 shares. Based on an average daily volume of 66,891 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 66,891 shares, the short-interest ratio is currently 0.3 days.

Neuberger Berman Commodity Strategy ETF Price Performance

NYSEARCA:NBCM opened at $25.88 on Wednesday. The business has a fifty day simple moving average of $24.09 and a two-hundred day simple moving average of $23.83. Neuberger Berman Commodity Strategy ETF has a 1 year low of $20.39 and a 1 year high of $26.40.

Institutional Investors Weigh In On Neuberger Berman Commodity Strategy ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Neuberger Berman Commodity Strategy ETF by 8,159.1% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 631,654 shares of the company’s stock valued at $14,860,000 after purchasing an additional 624,006 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Neuberger Berman Commodity Strategy ETF by 7.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,878,745 shares of the company’s stock valued at $113,531,000 after buying an additional 340,301 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Neuberger Berman Commodity Strategy ETF by 125.0% in the 3rd quarter. Private Advisor Group LLC now owns 163,044 shares of the company’s stock worth $3,836,000 after buying an additional 90,573 shares during the period. Osaic Holdings Inc. grew its stake in Neuberger Berman Commodity Strategy ETF by 52,496.1% in the 2nd 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 in the last quarter. Finally, LPL Financial LLC grew its stake in Neuberger Berman Commodity Strategy ETF by 13.5% in the 4th quarter. LPL Financial LLC now owns 144,286 shares of the company’s stock valued at $3,264,000 after buying an additional 17,146 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.