Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Sees Significant Increase in Short Interest

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 7,794 shares, an increase of 81.2% from the January 29th total of 4,302 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 26,913 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 26,913 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Neuberger Berman Small-Mid Cap ETF

Institutional investors have recently modified their holdings of the stock. Worth Financial Advisory Group LLC raised its position in shares of Neuberger Berman Small-Mid Cap ETF by 2.5% in the 4th quarter. Worth Financial Advisory Group LLC now owns 26,514 shares of the company’s stock worth $669,000 after purchasing an additional 637 shares during the last quarter. Barnes Pettey Financial Advisors LLC increased its stake in Neuberger Berman Small-Mid Cap ETF by 10.2% during the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock valued at $239,000 after purchasing an additional 873 shares in the last quarter. Motco raised its holdings in Neuberger Berman Small-Mid Cap ETF by 10.3% in the third quarter. Motco now owns 57,907 shares of the company’s stock worth $1,467,000 after buying an additional 5,425 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Neuberger Berman Small-Mid Cap ETF by 3.6% in the third quarter. Raymond James Financial Inc. now owns 180,178 shares of the company’s stock worth $4,564,000 after buying an additional 6,273 shares in the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 77.5% during the third quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock valued at $451,000 after buying an additional 7,776 shares during the last quarter.

Neuberger Berman Small-Mid Cap ETF Trading Down 0.6%

NBSM traded down $0.17 during trading on Friday, reaching $26.92. The stock had a trading volume of 30,595 shares, compared to its average volume of 33,613. The stock’s 50 day moving average is $26.50 and its two-hundred day moving average is $25.84. The company has a market capitalization of $214.01 million, a price-to-earnings ratio of 26.86 and a beta of 0.98. Neuberger Berman Small-Mid Cap ETF has a one year low of $20.83 and a one year high of $27.64.

Neuberger Berman 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.