Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Short Interest Update

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 4,302 shares, a drop of 42.4% from the January 15th total of 7,472 shares. Based on an average trading volume of 29,619 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 29,619 shares, the short-interest ratio is presently 0.1 days.

Neuberger Berman Small-Mid Cap ETF Stock Performance

Shares of NYSEARCA NBSM traded up $0.13 during midday trading on Friday, hitting $27.16. 27,096 shares of the stock traded hands, compared to its average volume of 25,733. Neuberger Berman Small-Mid Cap ETF has a one year low of $20.83 and a one year high of $27.64. The business has a 50 day moving average price of $26.23 and a two-hundred day moving average price of $25.73. The company has a market cap of $215.92 million, a PE ratio of 26.86 and a beta of 0.98.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Barnes Pettey Financial Advisors LLC grew its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 10.2% during the fourth quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock valued at $239,000 after buying an additional 873 shares during the last quarter. Citadel Advisors LLC bought a new position in Neuberger Berman Small-Mid Cap ETF in the 3rd quarter valued at about $337,000. Susquehanna International Group LLP lifted its position in Neuberger Berman Small-Mid Cap ETF by 77.5% in the 3rd quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock valued at $451,000 after acquiring an additional 7,776 shares in the last quarter. Worth Financial Advisory Group LLC boosted its stake in Neuberger Berman Small-Mid Cap ETF by 17.2% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 25,877 shares of the company’s stock valued at $655,000 after purchasing an additional 3,793 shares during the last quarter. Finally, Royal Bank of Canada bought a new stake in Neuberger Berman Small-Mid Cap ETF during the 1st quarter worth approximately $738,000.

About Neuberger Berman Small-Mid Cap ETF

The Neuberger Berman Small-Mid Cap ETF (NBSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, focusing on capital appreciation through investments in small- and mid-cap companies aligned with the Russell 2000 and Midcap Index. NBSM was launched on Mar 20, 2024 and is issued by Neuberger Berman.