Neuberger Small-Mid Cap ETF (NYSEARCA:NBSM – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,105 shares, a drop of 41.5% from the September 15th total of 1,888 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 8,324 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On Neuberger Small-Mid Cap ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada bought a new stake in shares of Neuberger Small-Mid Cap ETF in the 1st quarter valued at $1,288,000. Citadel Advisors LLC acquired a new position in Neuberger Small-Mid Cap ETF in the second quarter valued at about $355,000. Barnes Pettey Financial Advisors LLC raised its position in shares of Neuberger Small-Mid Cap ETF by 9.4% during the first quarter. Barnes Pettey Financial Advisors LLC now owns 10,350 shares of the company’s stock worth $261,000 after purchasing an additional 889 shares during the period. Finally, CX Institutional acquired a new stake in shares of Neuberger Small-Mid Cap ETF during the third quarter worth about $72,000.
Neuberger Small-Mid Cap ETF Stock Down 0.2%
NYSEARCA NBSM traded down $0.06 during trading hours on Friday, hitting $27.95. The company’s stock had a trading volume of 20,180 shares, compared to its average volume of 41,783. Neuberger Small-Mid Cap ETF has a twelve month low of $24.31 and a twelve month high of $29.61. The firm has a market capitalization of $109.56 million, a P/E ratio of 26.86 and a beta of 0.79. The stock has a fifty day moving average of $28.43 and a 200 day moving average of $27.65.
About Neuberger 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.
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