Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Up 1,166.6% in February

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 250,064 shares, an increase of 1,166.6% from the February 12th total of 19,743 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 66,774 shares, the short-interest ratio is presently 3.7 days. Based on an average daily trading volume, of 66,774 shares, the short-interest ratio is presently 3.7 days. Approximately 1.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Royal Bank of Canada acquired a new position in Neuberger Berman Commodity Strategy ETF during the 4th quarter worth $64,000. Vise Technologies Inc. acquired a new stake in Neuberger Berman Commodity Strategy ETF during the 3rd quarter worth approximately $223,000. NorthCrest Asset Manangement LLC bought a new stake in Neuberger Berman Commodity Strategy ETF in the 4th quarter valued at $338,000. Osaic Holdings Inc. lifted its holdings in shares of Neuberger Berman Commodity Strategy ETF by 52,496.1% in the second quarter. Osaic Holdings Inc. now owns 26,824 shares of the company’s stock valued at $597,000 after purchasing an additional 26,773 shares in the last quarter. Finally, IAG Wealth Partners LLC boosted its position in Neuberger Berman Commodity Strategy ETF by 4.4% during the 2nd quarter. IAG Wealth Partners LLC now owns 124,493 shares of the company’s stock worth $2,770,000 after acquiring an additional 5,220 shares during the last quarter.

Neuberger Berman Commodity Strategy ETF Stock Performance

NBCM traded up $0.37 during trading on Tuesday, hitting $27.33. The stock had a trading volume of 104,229 shares, compared to its average volume of 63,040. Neuberger Berman Commodity Strategy ETF has a 12 month low of $20.39 and a 12 month high of $28.54. The company has a 50 day simple moving average of $24.47 and a 200-day simple moving average of $23.98.

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.