Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Sees Significant Decrease in Short Interest

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 3,170 shares, a decrease of 72.4% from the February 26th total of 11,468 shares. Based on an average daily trading volume, of 21,473 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,473 shares, the short-interest ratio is presently 0.1 days.

Neuberger Berman Small-Mid Cap ETF Stock Up 0.5%

NYSEARCA:NBSM traded up $0.12 on Wednesday, reaching $25.38. 10,607 shares of the company’s stock traded hands, compared to its average volume of 28,558. The stock has a 50-day simple moving average of $26.46 and a 200-day simple moving average of $25.82. Neuberger Berman Small-Mid Cap ETF has a 12 month low of $20.83 and a 12 month high of $27.64. The firm has a market cap of $201.77 million, a PE ratio of 26.86 and a beta of 0.98.

Institutional Trading of Neuberger Berman Small-Mid Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barnes Pettey Financial Advisors LLC lifted its holdings in 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 worth $239,000 after purchasing an additional 873 shares in the last quarter. Citadel Advisors LLC purchased a new stake in Neuberger Berman Small-Mid Cap ETF during the 3rd quarter valued at approximately $337,000. Susquehanna International Group LLP grew its holdings in 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 valued at $451,000 after buying an additional 7,776 shares in the last quarter. Worth Financial Advisory Group LLC raised its position in shares of Neuberger Berman Small-Mid Cap ETF by 17.2% during the third quarter. Worth Financial Advisory Group LLC now owns 25,877 shares of the company’s stock valued at $655,000 after buying an additional 3,793 shares during the last quarter. Finally, Royal Bank of Canada bought a new stake in shares of Neuberger Berman Small-Mid Cap ETF during the first quarter valued at approximately $738,000.

Neuberger Berman Small-Mid Cap ETF Company Profile

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.