Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Up 122.5% in April

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 58,717 shares, a growth of 122.5% from the April 15th total of 26,393 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 53,200 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of Neuberger Berman Commodity Strategy ETF

Large investors have recently modified their holdings of the company. Royal Bank of Canada purchased a new stake in Neuberger Berman Commodity Strategy ETF in the fourth quarter worth about $64,000. Vise Technologies Inc. purchased a new stake in Neuberger Berman Commodity Strategy ETF in the third quarter worth about $223,000. NorthCrest Asset Manangement LLC purchased a new stake in Neuberger Berman Commodity Strategy ETF in the fourth quarter worth about $338,000. Osaic Holdings Inc. lifted its stake 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 acquiring an additional 26,773 shares during the period. Finally, World Investment Advisors purchased a new stake in Neuberger Berman Commodity Strategy ETF in the first quarter worth about $1,412,000.

Neuberger Berman Commodity Strategy ETF Stock Down 0.3%

Shares of NYSEARCA NBCM traded down $0.08 during trading hours on Friday, reaching $30.06. The stock had a trading volume of 50,981 shares, compared to its average volume of 65,593. The business’s fifty day moving average price is $28.45 and its two-hundred day moving average price is $25.65. Neuberger Berman Commodity Strategy ETF has a 52-week low of $21.55 and a 52-week high of $30.81.

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.