Short Interest in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Grows By 5,933.3%

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 181 shares, an increase of 5,933.3% from the July 30th total of 3 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,622 shares, the short-interest ratio is presently 0.1 days.

Neuberger Berman Flexible Credit Income ETF Stock Performance

Shares of NYSEARCA NBFC opened at $50.83 on Wednesday. The company’s 50 day simple moving average is $50.58 and its 200 day simple moving average is $50.72. Neuberger Berman Flexible Credit Income ETF has a fifty-two week low of $49.65 and a fifty-two week high of $55.64.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Neuberger Berman Flexible Credit Income ETF stock. Smartleaf Asset Management LLC purchased a new position in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 49,739 shares of the company’s stock, valued at approximately $2,553,000. Smartleaf Asset Management LLC owned about 3.92% of Neuberger Berman Flexible Credit Income ETF as of its most recent SEC filing.

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.