Neuberger Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Up 140.5% in August

Neuberger Commodity Strategy ETF (NYSEARCA:NBCM) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 71,811 shares, an increase of 140.5% from the August 15th total of 29,861 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 49,132 shares, the short-interest ratio is currently 1.5 days.

Hedge Funds Weigh In On Neuberger Commodity Strategy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. lifted its holdings in shares of Neuberger Commodity Strategy ETF by 6.3% during the fourth quarter. Osaic Holdings Inc. now owns 27,523 shares of the company’s stock valued at $622,000 after acquiring an additional 1,620 shares during the period. Royal Bank of Canada bought a new stake in shares of Neuberger Commodity Strategy ETF in the 4th quarter worth about $64,000. Vise Technologies Inc. grew its holdings in shares of Neuberger Commodity Strategy ETF by 91.2% in the 4th quarter. Vise Technologies Inc. now owns 18,156 shares of the company’s stock worth $411,000 after purchasing an additional 8,662 shares during the last quarter. HB Wealth Management LLC acquired a new stake in shares of Neuberger Commodity Strategy ETF during the 2nd quarter worth about $257,000. Finally, IAG Wealth Partners LLC increased its position in shares of Neuberger Commodity Strategy ETF by 8.5% during the 4th quarter. IAG Wealth Partners LLC now owns 149,246 shares of the company’s stock worth $3,377,000 after purchasing an additional 11,671 shares in the last quarter.

Neuberger Commodity Strategy ETF Stock Performance

Shares of NYSEARCA NBCM traded down $0.34 during trading hours on Friday, reaching $31.65. The stock had a trading volume of 75,159 shares, compared to its average volume of 70,249. Neuberger Commodity Strategy ETF has a twelve month low of $22.13 and a twelve month high of $32.52. The business’s fifty day moving average is $29.40 and its two-hundred day moving average is $28.53.

About Neuberger 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.