Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) Short Interest Down 52.7% in August

by · The Cerbat Gem

Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM – Get Free Report) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 29,861 shares, a decrease of 52.7% from the July 30th total of 63,194 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 61,041 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Neuberger Berman Commodity Strategy ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada acquired a new position in Neuberger Berman Commodity Strategy ETF during the 4th quarter worth approximately $64,000. Vise Technologies Inc. bought a new position in shares of Neuberger Berman Commodity Strategy ETF in the 3rd quarter worth $223,000. HB Wealth Management LLC acquired a new stake in Neuberger Berman Commodity Strategy ETF in the 2nd quarter valued at $257,000. Bank of America Corp DE acquired a new stake in Neuberger Berman Commodity Strategy ETF in the 1st quarter valued at $384,000. Finally, Osaic Holdings Inc. grew its position in 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 purchasing an additional 26,773 shares during the period.

Neuberger Berman Commodity Strategy ETF Trading Down 0.0%

NYSEARCA:NBCM traded down $0.01 during trading hours on Friday, reaching $30.42. The company had a trading volume of 26,629 shares, compared to its average volume of 71,324. Neuberger Berman Commodity Strategy ETF has a twelve month low of $22.13 and a twelve month high of $32.52. The business’s 50-day simple moving average is $28.45 and its two-hundred day simple moving average is $28.04.

Neuberger Berman Commodity Strategy ETF Company Profile

(Get Free Report)

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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