Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,361 shares, an increase of 2,744.6% from the June 15th total of 83 shares. Based on an average daily trading volume, of 1,396 shares, the short-interest ratio is presently 1.7 days. Currently, 0.2% of the company’s shares are sold short.
Hedge Funds Weigh In On Neuberger Berman Flexible Credit Income ETF
A hedge fund recently raised its position in Neuberger Berman Flexible Credit Income ETF stock. Jane Street Group LLC raised its position in shares of Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC – Free Report) by 210.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 23,070 shares of the company’s stock after purchasing 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 Price Performance
NBFC remained flat at $50.63 during trading on Friday. 712 shares of the company’s stock were exchanged, compared to its average volume of 1,895. The stock has a 50 day moving average price of $50.69 and a two-hundred day moving average price of $50.92. Neuberger Berman Flexible Credit Income ETF has a 52-week low of $49.65 and a 52-week high of $55.64.
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.
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