Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Short Interest Up 2,229.0% in February

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 15,325 shares, a growth of 2,229.0% from the February 12th total of 658 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 93,775 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 93,775 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC purchased a new stake in shares of Neuberger Berman Core Equity ETF in the third quarter worth approximately $27,000. Cetera Investment Advisers purchased a new position in Neuberger Berman Core Equity ETF during the 4th quarter valued at $361,000. Wealth Enhancement Advisory Services LLC bought a new position in Neuberger Berman Core Equity ETF in the 4th quarter valued at $642,000. Ibex Wealth Advisors purchased a new stake in Neuberger Berman Core Equity ETF in the fourth quarter worth $653,000. Finally, LPL Financial LLC purchased a new stake in Neuberger Berman Core Equity ETF in the fourth quarter worth $730,000.

Neuberger Berman Core Equity ETF Trading Down 0.2%

Shares of NBCR stock traded down $0.05 during trading hours on Tuesday, reaching $30.92. 36,087 shares of the stock were exchanged, compared to its average volume of 215,539. Neuberger Berman Core Equity ETF has a 12-month low of $22.47 and a 12-month high of $32.25. The company’s 50-day moving average price is $31.61 and its 200-day moving average price is $31.27. The firm has a market capitalization of $870.09 million, a price-to-earnings ratio of 26.34 and a beta of 1.02.

About Neuberger Berman Core Equity ETF

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.