Neuberger Commodity Strategy ETF (NYSEARCA:NBCM) Stock Short Interest Report for October

Neuberger Commodity Strategy ETF (NYSEARCA:NBCM) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 42,438 shares, a decline of 71.4% from the September 30th total of 148,387 shares. Based on an average daily volume of 138,846 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Neuberger Commodity Strategy ETF Stock Down 0.8%

Shares of Neuberger Commodity Strategy ETF stock traded down $0.26 on Friday, hitting $31.11. The company had a trading volume of 35,462 shares, compared to its average volume of 76,433. Neuberger Commodity Strategy ETF has a twelve month low of $22.13 and a twelve month high of $32.52. The stock has a 50-day moving average of $31.30 and a 200-day moving average of $28.45.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. World Investment Advisors bought a new stake in Neuberger Commodity Strategy ETF during the first quarter worth about $1,412,000. Vise Technologies Inc. grew its stake in shares of Neuberger Commodity Strategy ETF by 54.2% in the third quarter. Vise Technologies Inc. now owns 79,041 shares of the company’s stock valued at $2,444,000 after buying an additional 27,796 shares in the last quarter. Bank of America Corp DE bought a new stake in Neuberger Commodity Strategy ETF during the first quarter worth $384,000. HB Wealth Management LLC acquired a new stake in Neuberger Commodity Strategy ETF in the second quarter valued at $257,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of Neuberger Commodity Strategy ETF in the 3rd quarter valued at about $190,000.

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.