Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Down 62.9% in December

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 7,302 shares, a decline of 62.9% from the December 15th total of 19,679 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 63,542 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 63,542 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Neuberger Berman Commodity Strategy ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Bessemer Group Inc. bought a new position in shares of Neuberger Berman Commodity Strategy ETF in the second quarter worth about $43,000. Vise Technologies Inc. bought a new position in shares of Neuberger Berman Commodity Strategy ETF during the 3rd quarter valued at approximately $223,000. NorthCrest Asset Manangement LLC purchased a new position in shares of Neuberger Berman Commodity Strategy ETF during the 4th quarter worth about $338,000. Osaic Holdings Inc. boosted its holdings in Neuberger Berman Commodity Strategy ETF by 52,496.1% during the 2nd quarter. Osaic Holdings Inc. now owns 26,824 shares of the company’s stock valued at $597,000 after acquiring an additional 26,773 shares during the period. Finally, IAG Wealth Partners LLC grew 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 purchasing an additional 5,220 shares during the last quarter.

Neuberger Berman Commodity Strategy ETF Stock Down 0.4%

Shares of NYSEARCA NBCM traded down $0.10 during trading hours on Friday, hitting $23.64. The company’s stock had a trading volume of 1,212 shares, compared to its average volume of 48,371. The business has a 50-day simple moving average of $23.82 and a 200-day simple moving average of $23.34. Neuberger Berman Commodity Strategy ETF has a 12 month low of $20.39 and a 12 month high of $26.40.

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.