Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Short Interest Up 47.1% in February

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 11,468 shares, a growth of 47.1% from the February 12th total of 7,794 shares. Based on an average daily volume of 59,928 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 59,928 shares, the days-to-cover ratio is currently 0.2 days.

Neuberger Berman Small-Mid Cap ETF Trading Up 0.0%

Shares of NBSM stock opened at $25.21 on Friday. The firm has a fifty day simple moving average of $26.61 and a two-hundred day simple moving average of $25.86. Neuberger Berman Small-Mid Cap ETF has a 12 month low of $20.83 and a 12 month high of $27.64. The firm has a market capitalization of $200.42 million, a PE ratio of 26.86 and a beta of 0.98.

Institutional Trading of Neuberger Berman Small-Mid Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in NBSM. Stage Harbor Financial LLC purchased a new position in Neuberger Berman Small-Mid Cap ETF during the fourth quarter worth about $5,610,000. Bank of America Corp DE boosted its stake in shares of Neuberger Berman Small-Mid Cap ETF by 49.1% in the 2nd quarter. Bank of America Corp DE now owns 190,347 shares of the company’s stock worth $4,766,000 after buying an additional 62,688 shares during the last quarter. Broadway Wealth Solutions Inc. boosted its stake in shares of Neuberger Berman Small-Mid Cap ETF by 52.3% in the 4th quarter. Broadway Wealth Solutions Inc. now owns 114,302 shares of the company’s stock worth $2,885,000 after buying an additional 39,233 shares during the last quarter. Royal Bank of Canada bought a new position in shares of Neuberger Berman Small-Mid Cap ETF in the first quarter valued at approximately $738,000. Finally, Raymond James Financial Inc. increased its position in shares of Neuberger Berman Small-Mid Cap ETF by 20.8% during the second quarter. Raymond James Financial Inc. now owns 173,905 shares of the company’s stock valued at $4,355,000 after acquiring an additional 29,995 shares during the last quarter.

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.