Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM – Get Free Report) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 19,743 shares, a growth of 21.2% from the January 29th total of 16,292 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 66,891 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 66,891 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.
Neuberger Berman Commodity Strategy ETF Stock Performance
Shares of NYSEARCA NBCM opened at $25.88 on Wednesday. Neuberger Berman Commodity Strategy ETF has a twelve month low of $20.39 and a twelve month high of $26.40. The stock’s 50 day moving average price is $24.09 and its 200-day moving average price is $23.83.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Bessemer Group Inc. bought a new stake in shares of Neuberger Berman Commodity Strategy ETF during the 2nd quarter worth $43,000. Royal Bank of Canada purchased a new stake in Neuberger Berman Commodity Strategy ETF during the fourth quarter worth about $64,000. Vise Technologies Inc. bought a new stake in Neuberger Berman Commodity Strategy ETF in the third quarter worth about $223,000. NorthCrest Asset Manangement LLC purchased a new position in Neuberger Berman Commodity Strategy ETF in the fourth quarter valued at about $338,000. Finally, Osaic Holdings Inc. grew its position in shares of 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.
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.
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