Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Sees Significant Decline in Short Interest

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 601 shares, a decline of 96.1% from the February 26th total of 15,325 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 248,145 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 248,145 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Neuberger Berman Core Equity ETF Stock Performance

Shares of NBCR traded up $0.13 during mid-day trading on Wednesday, reaching $29.94. 21,193 shares of the company were exchanged, compared to its average volume of 180,417. The business has a 50 day simple moving average of $31.27 and a two-hundred day simple moving average of $31.28. The stock has a market capitalization of $842.51 million, a PE ratio of 26.34 and a beta of 1.02. Neuberger Berman Core Equity ETF has a 52 week low of $22.47 and a 52 week high of $32.25.

Institutional Investors Weigh In On Neuberger Berman Core Equity ETF

A number of institutional investors have recently modified their holdings of NBCR. NewEdge Advisors LLC raised its stake in Neuberger Berman Core Equity ETF by 133.4% during the fourth quarter. NewEdge Advisors LLC now owns 2,035 shares of the company’s stock worth $64,000 after buying an additional 1,163 shares during the last quarter. Cetera Investment Advisers bought a new stake in Neuberger Berman Core Equity ETF during the fourth quarter valued at $361,000. Ibex Wealth Advisors acquired a new stake in Neuberger Berman Core Equity ETF during the 4th quarter worth about $653,000. LPL Financial LLC acquired a new stake in Neuberger Berman Core Equity ETF during the 4th quarter worth about $730,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Neuberger Berman Core Equity ETF in the 4th quarter worth about $642,000.

About Neuberger Berman Core Equity ETF

The Neuberger Berman Core Equity ETF (NBCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking long-term capital appreciation by investing in US large-cap stocks. The fund selects based on fundamental analysis conducted by portfolio managers in collaboration with research analysts. NBCR was launched on Jul 31, 2024 and is issued by Neuberger Berman.