Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,361 shares, an increase of 2,744.6% from the June 15th total of 83 shares. Based on an average daily volume of 1,396 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.2% of the shares of the company are sold short.
Institutional Trading of Neuberger Berman Flexible Credit Income ETF
A hedge fund recently bought a new stake in Neuberger Berman Flexible Credit Income ETF stock. Smartleaf Asset Management LLC purchased a new stake in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 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 filing with the Securities and Exchange Commission.
Neuberger Berman Flexible Credit Income ETF Price Performance
Shares of NYSEARCA:NBFC remained flat at $50.63 on Friday. 712 shares of the company’s stock traded hands, compared to its average volume of 1,895. The stock’s fifty day moving average is $50.69 and its 200 day moving average is $50.92. Neuberger Berman Flexible Credit Income ETF has a 12-month low of $49.65 and a 12-month high of $55.64.
About Neuberger Berman Flexible Credit Income ETF
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.
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