Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Sees Large Growth in Short Interest

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFCGet Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 4,792 shares, a growth of 66.0% from the December 31st total of 2,887 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 13,409 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 13,409 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are sold short.

Neuberger Berman Flexible Credit Income ETF Price Performance

NYSEARCA:NBFC opened at $51.38 on Monday. Neuberger Berman Flexible Credit Income ETF has a twelve month low of $48.76 and a twelve month high of $55.64. The company’s 50 day moving average is $51.49 and its two-hundred day moving average is $51.53.

Neuberger Berman Flexible Credit Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were given a $0.2651 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Tuesday, January 27th.

Institutional Trading of Neuberger Berman Flexible Credit Income ETF

A hedge fund recently raised its stake in Neuberger Berman Flexible Credit Income ETF stock. Jane Street Group LLC raised its position in shares of Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFCFree Report) by 210.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,070 shares of the company’s stock after purchasing an additional 15,631 shares during the quarter. Jane Street Group LLC owned 2.20% of Neuberger Berman Flexible Credit Income ETF worth $1,161,000 at the end of the most recent reporting period.

About Neuberger Berman Flexible Credit Income ETF

(Get Free Report)

The Neuberger Berman Flexible Credit Income ETF (NBFC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, globally investing in fixed-income securities of any credit quality and maturity. The fund seeks high current income, and to a lesser extent, long-term capital appreciation. NBFC was launched on Jun 24, 2024 and is issued by Neuberger Berman.

Recommended Stories

Receive News & Ratings for Neuberger Berman Flexible Credit Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman Flexible Credit Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.