Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Short Interest Up 2,744.6% in June

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 2,361 shares, an increase of 2,744.6% from the June 15th total of 83 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,396 shares, the short-interest ratio is presently 1.7 days.

Neuberger Berman Flexible Credit Income ETF Price Performance

Neuberger Berman Flexible Credit Income ETF stock remained flat at $50.63 during mid-day trading on Friday. 712 shares of the company’s stock were exchanged, compared to its average volume of 1,895. The firm’s fifty day moving average is $50.69 and its 200 day moving average is $50.92. Neuberger Berman Flexible Credit Income ETF has a 1 year low of $49.65 and a 1 year high of $55.64.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Neuberger Berman Flexible Credit Income ETF stock. Smartleaf Asset Management LLC acquired a new stake in shares of Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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 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.