Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Short Interest Update

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 4,302 shares, a decline of 42.4% from the January 15th total of 7,472 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 29,619 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 29,619 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Neuberger Berman Small-Mid Cap ETF Stock Performance

Neuberger Berman Small-Mid Cap ETF stock traded up $0.13 during midday trading on Friday, hitting $27.16. 27,096 shares of the company’s stock were exchanged, compared to its average volume of 25,733. The company has a market cap of $215.92 million, a PE ratio of 26.86 and a beta of 0.98. The firm has a 50-day moving average of $26.23 and a two-hundred day moving average of $25.73. Neuberger Berman Small-Mid Cap ETF has a 12 month low of $20.83 and a 12 month high of $27.64.

Hedge Funds Weigh In On Neuberger Berman Small-Mid Cap ETF

Several institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC raised its stake in Neuberger Berman Small-Mid Cap ETF by 43.4% in the fourth quarter. HighTower Advisors LLC now owns 44,171 shares of the company’s stock worth $1,115,000 after buying an additional 13,377 shares in the last quarter. Barnes Pettey Financial Advisors LLC increased its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 10.2% in the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock valued at $239,000 after acquiring an additional 873 shares during the period. Broadway Wealth Solutions Inc. raised its position 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 acquiring an additional 39,233 shares in the last quarter. 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 acquiring an additional 637 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its stake in shares of Neuberger Berman Small-Mid Cap ETF by 77.5% during the 3rd quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock worth $451,000 after purchasing an additional 7,776 shares during the last quarter.

About Neuberger Berman Small-Mid Cap ETF

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.