Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Sees Significant Increase in Short Interest

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 2,887 shares, a growth of 314.2% from the December 15th total of 697 shares. Based on an average trading volume of 2,149 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 2,149 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Neuberger Berman Flexible Credit Income ETF stock. Jane Street Group LLC grew its stake in shares of Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) by 210.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,070 shares of the company’s stock after acquiring an additional 15,631 shares during the period. 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 quarter.

Neuberger Berman Flexible Credit Income ETF Stock Performance

NBFC stock traded up $0.02 during midday trading on Wednesday, reaching $51.51. The company had a trading volume of 494 shares, compared to its average volume of 833. The stock has a 50 day moving average price of $51.51 and a 200 day moving average price of $51.49. Neuberger Berman Flexible Credit Income ETF has a fifty-two week low of $48.76 and a fifty-two week high of $55.64.

Neuberger Berman Flexible Credit Income ETF Company Profile

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.