Short Interest in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Drops By 100.0%

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1 shares, a drop of 100.0% from the June 30th total of 2,361 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 939 shares, the days-to-cover ratio is presently 0.0 days.

Neuberger Berman Flexible Credit Income ETF Stock Performance

Shares of NBFC opened at $50.32 on Friday. Neuberger Berman Flexible Credit Income ETF has a 12-month low of $49.65 and a 12-month high of $55.64. The company’s 50 day simple moving average is $50.65 and its 200-day simple moving average is $50.87.

Hedge Funds Weigh In On Neuberger Berman Flexible Credit Income ETF

A hedge fund recently raised its stake in Neuberger Berman Flexible Credit Income ETF stock. Jane Street Group LLC lifted its position in shares of Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) by 210.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,070 shares of the company’s stock after acquiring an additional 15,631 shares during the quarter. Jane Street Group LLC owned 2.20% of Neuberger Berman Flexible Credit Income ETF worth $1,161,000 at the end of the most recent quarter.

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.