Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 649 shares, a growth of 258.6% from the August 15th total of 181 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,540 shares, the short-interest ratio is currently 0.4 days.
Neuberger Flexible Credit Income ETF Stock Performance
Shares of NBFC stock remained flat at $50.17 on Friday. 1,127 shares of the stock traded hands, compared to its average volume of 1,719. The business has a 50-day simple moving average of $50.51 and a 200 day simple moving average of $50.63. Neuberger Flexible Credit Income ETF has a fifty-two week low of $49.65 and a fifty-two week high of $55.64.
Hedge Funds Weigh In On Neuberger Flexible Credit Income ETF
A hedge fund recently raised its stake in Neuberger Flexible Credit Income ETF stock. Jane Street Group LLC lifted its holdings in shares of Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC – Free Report) by 210.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,070 shares of the company’s stock after acquiring an additional 15,631 shares during the quarter. Jane Street Group LLC owned 2.20% of Neuberger Flexible Credit Income ETF worth $1,161,000 as of its most recent filing with the SEC.
About Neuberger Flexible Credit Income ETF
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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