Short Interest in Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Decreases By 98.2%

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) saw a large decline in short interest in 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 shares are short sold. Based on an average daily trading volume, of 101,109 shares, the days-to-cover ratio is presently 0.0 days.

Neuberger Berman Commodity Strategy ETF Stock Performance

Shares of NBCM stock traded up $0.08 on Thursday, reaching $27.34. The company had a trading volume of 55,920 shares, compared to its average volume of 74,271. The company has a 50-day moving average of $25.57 and a 200-day moving average of $24.37. Neuberger Berman Commodity Strategy ETF has a 12 month low of $20.39 and a 12 month high of $30.22.

Institutional Investors Weigh In On Neuberger Berman Commodity Strategy ETF

Several large investors have recently bought and sold shares of NBCM. Wealth Enhancement Advisory Services LLC boosted its position in shares of Neuberger Berman Commodity Strategy ETF by 4.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,538,444 shares of the company’s stock worth $108,287,000 after purchasing an additional 207,143 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Neuberger Berman Commodity Strategy ETF by 52,496.1% in the 2nd quarter. Osaic Holdings Inc. now owns 26,824 shares of the company’s stock valued at $597,000 after buying an additional 26,773 shares in the last quarter. Private Advisor Group LLC raised 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 period. Northwestern Mutual Wealth Management Co. raised its stake in Neuberger Berman Commodity Strategy ETF by 8,159.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 631,654 shares of the company’s stock worth $14,860,000 after buying an additional 624,006 shares during the period. Finally, IAG Wealth Partners LLC lifted its holdings in Neuberger Berman Commodity Strategy ETF by 4.4% during the second 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 in the last quarter.

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.