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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. lifted its position 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. Wealth Enhancement Advisory Services LLC lifted its position in Neuberger Berman Commodity Strategy ETF by 4.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,538,444 shares of the company’s stock valued at $108,287,000 after acquiring an additional 207,143 shares during the period. IAG Wealth Partners LLC lifted its position in Neuberger Berman Commodity Strategy ETF by 10.5% during the 3rd quarter. IAG Wealth Partners LLC now owns 137,575 shares of the company’s stock valued at $3,236,000 after acquiring an additional 13,082 shares during the period. Private Advisor Group LLC lifted its position 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 valued at $3,836,000 after acquiring an additional 90,573 shares during the period. Finally, Vise Technologies Inc. purchased a new position in Neuberger Berman Commodity Strategy ETF during the 3rd quarter valued at about $223,000.

Neuberger Berman Commodity Strategy ETF Stock Performance

NBCM opened at $30.06 on Friday. The business has a 50 day moving average of $28.45 and a 200-day moving average of $25.64. 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.