Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Sees Large Drop in Short Interest

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

Neuberger Berman Commodity Strategy ETF Trading Up 1.1%

NBCM traded up $0.30 during trading on Tuesday, hitting $27.20. The company had a trading volume of 167,902 shares, compared to its average volume of 75,314. Neuberger Berman Commodity Strategy ETF has a 1-year low of $20.39 and a 1-year high of $30.22. The business has a 50-day moving average of $25.43 and a 200-day moving average of $24.33.

Institutional Investors Weigh In On Neuberger Berman Commodity Strategy ETF

A number of institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Neuberger Berman Commodity Strategy ETF by 8,159.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 631,654 shares of the company’s stock worth $14,860,000 after purchasing an additional 624,006 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in 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 worth $113,531,000 after buying an additional 340,301 shares during the last quarter. Private Advisor Group LLC grew its stake in Neuberger Berman Commodity Strategy ETF by 125.0% during 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 last quarter. Osaic Holdings Inc. increased its position in 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 worth $597,000 after buying an additional 26,773 shares during the period. Finally, LPL Financial LLC increased its position in Neuberger Berman Commodity Strategy ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 144,286 shares of the company’s stock worth $3,264,000 after buying an additional 17,146 shares during the period.

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.