Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 7,032 shares, a growth of 893.2% from the September 30th total of 708 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 60,181 shares, the days-to-cover ratio is currently 0.1 days.
Neuberger Flexible Credit Income ETF Stock Performance
Shares of NYSEARCA NBFC traded down $0.16 during mid-day trading on Tuesday, reaching $49.08. 895 shares of the company were exchanged, compared to its average volume of 5,337. The company’s 50-day simple moving average is $49.91 and its 200-day simple moving average is $50.59. Neuberger Flexible Credit Income ETF has a twelve month low of $49.01 and a twelve month high of $51.87.
About Neuberger 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.
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