Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Sees Significant Decrease in Short Interest

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 3,655 shares, a drop of 76.8% from the May 14th total of 15,747 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 14,877 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Neuberger Berman Core Equity ETF

Institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC purchased a new position in Neuberger Berman Core Equity ETF during the fourth quarter valued at $642,000. LPL Financial LLC purchased a new position in Neuberger Berman Core Equity ETF during the fourth quarter valued at $730,000. Cetera Investment Advisers purchased a new position in Neuberger Berman Core Equity ETF during the fourth quarter valued at $361,000. NewEdge Advisors LLC grew its stake in Neuberger Berman Core Equity ETF by 133.4% during the fourth quarter. NewEdge Advisors LLC now owns 2,035 shares of the company’s stock valued at $64,000 after acquiring an additional 1,163 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in Neuberger Berman Core Equity ETF by 221.4% during the first quarter. Bank of America Corp DE now owns 8,206 shares of the company’s stock valued at $243,000 after acquiring an additional 5,653 shares in the last quarter.

Neuberger Berman Core Equity ETF Stock Performance

NBCR opened at $33.12 on Wednesday. The stock has a market capitalization of $855.82 million, a price-to-earnings ratio of 26.34 and a beta of 1.00. The company has a fifty day moving average of $32.42 and a 200 day moving average of $31.74. Neuberger Berman Core Equity ETF has a fifty-two week low of $27.53 and a fifty-two week high of $34.00.

Neuberger Berman Core Equity ETF Company Profile

The Neuberger Berman Core Equity ETF (NBCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking long-term capital appreciation by investing in US large-cap stocks. The fund selects based on fundamental analysis conducted by portfolio managers in collaboration with research analysts. NBCR was launched on Jul 31, 2024 and is issued by Neuberger Berman.