Short Interest in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Drops By 100.0%

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1 shares, a decrease of 100.0% from the June 30th total of 2,361 shares. Based on an average trading volume of 939 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Neuberger Berman Flexible Credit Income ETF Price Performance

Shares of NBFC stock opened at $50.32 on Friday. The firm has a fifty day moving average of $50.65 and a two-hundred day moving average of $50.87. Neuberger Berman Flexible Credit Income ETF has a 1-year low of $49.65 and a 1-year high of $55.64.

Hedge Funds Weigh In On Neuberger Berman Flexible Credit Income ETF

An institutional investor recently raised its position in Neuberger Berman Flexible Credit Income ETF stock. Jane Street Group LLC boosted its position in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) by 210.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,070 shares of the company’s stock after buying an additional 15,631 shares during the quarter. Jane Street Group LLC owned approximately 2.20% of Neuberger Berman Flexible Credit Income ETF worth $1,161,000 at the end of the most recent quarter.

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.