Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Short Interest Update

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 234 shares, a decrease of 84.9% from the March 31st total of 1,549 shares. Based on an average trading volume of 890 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Neuberger Berman Flexible Credit Income ETF Price Performance

Neuberger Berman Flexible Credit Income ETF stock traded down $0.01 during trading hours on Friday, hitting $50.99. The company had a trading volume of 69 shares, compared to its average volume of 2,552. The company has a 50-day moving average price of $50.78 and a two-hundred day moving average price of $51.27. Neuberger Berman Flexible Credit Income ETF has a 1 year low of $49.65 and a 1 year high of $55.64.

Neuberger Berman Flexible Credit Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were paid a dividend of $0.2368 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Tuesday, February 24th.

Institutional Investors Weigh In On Neuberger Berman Flexible Credit Income ETF

An institutional investor recently bought a new position in Neuberger Berman Flexible Credit Income ETF stock. Smartleaf Asset Management LLC acquired a new position in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 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.