Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Short Interest Up 81.2% in February

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 7,794 shares, a growth of 81.2% from the January 29th total of 4,302 shares. Based on an average daily trading volume, of 26,913 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 26,913 shares, the short-interest ratio is currently 0.3 days.

Neuberger Berman Small-Mid Cap ETF Price Performance

NYSEARCA NBSM traded down $0.17 on Friday, hitting $26.92. The company had a trading volume of 30,595 shares, compared to its average volume of 33,613. The company’s fifty day moving average price is $26.50 and its 200-day moving average price is $25.84. The company has a market capitalization of $214.01 million, a PE ratio of 26.86 and a beta of 0.98. Neuberger Berman Small-Mid Cap ETF has a 12-month low of $20.83 and a 12-month high of $27.64.

Institutional Investors Weigh In On Neuberger Berman Small-Mid Cap ETF

Several institutional investors have recently bought and sold shares of NBSM. Jones Financial Companies Lllp lifted its position in shares of Neuberger Berman Small-Mid Cap ETF by 44.0% in the third quarter. Jones Financial Companies Lllp now owns 77,444 shares of the company’s stock valued at $1,965,000 after acquiring an additional 23,669 shares in the last quarter. Worth Financial Advisory Group LLC increased its position in shares of Neuberger Berman Small-Mid Cap ETF by 2.5% during the fourth quarter. Worth Financial Advisory Group LLC now owns 26,514 shares of the company’s stock worth $669,000 after purchasing an additional 637 shares in the last quarter. Broadway Wealth Solutions Inc. increased its position in shares of Neuberger Berman Small-Mid Cap ETF by 52.3% during the fourth quarter. Broadway Wealth Solutions Inc. now owns 114,302 shares of the company’s stock worth $2,885,000 after purchasing an additional 39,233 shares in the last quarter. Barnes Pettey Financial Advisors LLC raised its stake in Neuberger Berman Small-Mid Cap ETF by 10.2% in the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock valued at $239,000 after purchasing an additional 873 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Neuberger Berman Small-Mid Cap ETF by 43.4% in the 4th quarter. HighTower Advisors LLC now owns 44,171 shares of the company’s stock valued at $1,115,000 after purchasing an additional 13,377 shares in the last quarter.

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.