Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) Sees Large Increase in Short Interest

Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 100,626 shares, a growth of 51,503.1% from the April 15th total of 195 shares. Based on an average trading volume of 22,628 shares, the days-to-cover ratio is presently 4.4 days. Currently, 2.7% of the company’s stock are sold short.

Neuberger Berman Japan Equity ETF Stock Performance

Shares of Neuberger Berman Japan Equity ETF stock traded up $0.37 during trading hours on Monday, reaching $36.58. The company’s stock had a trading volume of 4,089 shares, compared to its average volume of 26,165. The company’s 50 day simple moving average is $33.55 and its 200 day simple moving average is $32.52. Neuberger Berman Japan Equity ETF has a one year low of $26.35 and a one year high of $36.59. The stock has a market cap of $137.18 million, a P/E ratio of 16.26 and a beta of 0.65.

Hedge Funds Weigh In On Neuberger Berman Japan Equity ETF

An institutional investor recently bought a new position in Neuberger Berman Japan Equity ETF stock. Jane Street Group LLC acquired a new position in Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 10,789 shares of the company’s stock, valued at approximately $332,000. Jane Street Group LLC owned about 0.41% of Neuberger Berman Japan Equity ETF at the end of the most recent reporting period.

Neuberger Berman Japan Equity ETF Company Profile

The Neuberger Berman Japan Equity ETF (NBJP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in equity securities of companies economically tied to Japan across all capitalizations and sectors. The fund targets firms it deems to be high-quality, with significant growth potential, aiming for long-term capital appreciation NBJP was launched on Sep 11, 2024 and is issued by Neuberger Berman.