Short Interest in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Increases By 200.0%

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 3 shares, a growth of 200.0% from the July 15th total of 1 shares. Based on an average daily volume of 1,167 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Neuberger Berman Flexible Credit Income ETF

A hedge fund recently bought a new stake in Neuberger Berman Flexible Credit Income ETF stock. Smartleaf Asset Management LLC bought a new position in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 49,739 shares of the company’s stock, valued at approximately $2,553,000. Smartleaf Asset Management LLC owned about 3.92% of Neuberger Berman Flexible Credit Income ETF as of its most recent SEC filing.

Neuberger Berman Flexible Credit Income ETF Stock Performance

NBFC stock traded up $0.01 during trading on Friday, hitting $50.74. 324 shares of the company’s stock traded hands, compared to its average volume of 1,802. Neuberger Berman Flexible Credit Income ETF has a 1 year low of $49.65 and a 1 year high of $55.64. The business has a fifty day simple moving average of $50.58 and a two-hundred day simple moving average of $50.76.

About Neuberger Berman Flexible Credit Income ETF

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.