Neuberger Small-Mid Cap ETF (NYSEARCA:NBSM – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 7,945 shares, a growth of 619.0% from the September 30th total of 1,105 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 15,574 shares, the short-interest ratio is presently 0.5 days.
Institutional Investors Weigh In On Neuberger Small-Mid Cap ETF
Several institutional investors and hedge funds have recently modified their holdings of NBSM. Broadway Wealth Solutions Inc. grew its holdings in Neuberger Small-Mid Cap ETF by 4.5% during the third quarter. Broadway Wealth Solutions Inc. now owns 135,787 shares of the company’s stock valued at $3,704,000 after purchasing an additional 5,889 shares during the last quarter. Barrett & Company Inc. acquired a new stake in shares of Neuberger Small-Mid Cap ETF in the 3rd quarter valued at $104,000. Worth Financial Advisory Group LLC grew its holdings in shares of Neuberger Small-Mid Cap ETF by 3.1% in the 3rd quarter. Worth Financial Advisory Group LLC now owns 30,034 shares of the company’s stock worth $819,000 after purchasing an additional 898 shares during the last quarter. CX Institutional bought a new position in Neuberger Small-Mid Cap ETF during the 3rd quarter valued at about $72,000. Finally, Citadel Advisors LLC bought a new position in Neuberger Small-Mid Cap ETF during the 2nd quarter valued at about $355,000.
Neuberger Small-Mid Cap ETF Trading Up 0.2%
NYSEARCA NBSM traded up $0.07 during trading on Wednesday, reaching $28.43. 50,294 shares of the company’s stock were exchanged, compared to its average volume of 40,848. Neuberger Small-Mid Cap ETF has a fifty-two week low of $24.31 and a fifty-two week high of $29.61. The firm has a market capitalization of $112.87 million, a PE ratio of 26.86 and a beta of 0.79. The company’s fifty day simple moving average is $28.26 and its 200-day simple moving average is $27.32.
Neuberger Small-Mid Cap ETF Company Profile
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.
Further Reading
- Five stocks we like better than Neuberger Small-Mid Cap ETF
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Neuberger Small-Mid Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Small-Mid Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
