Neuberger Small-Mid Cap ETF (NYSEARCA:NBSM – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 1,888 shares, a growth of 143.6% from the August 31st total of 775 shares. Based on an average daily trading volume, of 12,921 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Neuberger Small-Mid Cap ETF Stock Down 1.0%
Neuberger Small-Mid Cap ETF stock opened at $27.61 on Tuesday. Neuberger Small-Mid Cap ETF has a 52 week low of $24.31 and a 52 week high of $29.61. The business has a 50-day simple moving average of $28.66 and a 200 day simple moving average of $27.42. The stock has a market cap of $108.23 million, a price-to-earnings ratio of 26.86 and a beta of 0.77.
Institutional Trading of Neuberger Small-Mid Cap ETF
A number of hedge funds have recently bought and sold shares of the company. Royal Bank of Canada purchased a new position in shares of Neuberger Small-Mid Cap ETF in the 1st quarter worth about $1,288,000. HighTower Advisors LLC boosted its position in shares of Neuberger Small-Mid Cap ETF by 43.4% during the fourth quarter. HighTower Advisors LLC now owns 44,171 shares of the company’s stock valued at $1,115,000 after buying an additional 13,377 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Neuberger Small-Mid Cap ETF in the second quarter worth approximately $355,000. Finally, Barnes Pettey Financial Advisors LLC grew its position in Neuberger Small-Mid Cap ETF by 9.4% in the 1st quarter. Barnes Pettey Financial Advisors LLC now owns 10,350 shares of the company’s stock worth $261,000 after purchasing an additional 889 shares during the period.
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.
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