Short Interest in Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) Declines By 98.5%

Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 1,516 shares, a drop of 98.5% from the April 30th total of 100,626 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 6,164 shares, the short-interest ratio is presently 0.2 days.

Neuberger Berman Japan Equity ETF Trading Up 1.7%

NYSEARCA:NBJP traded up $0.60 during trading hours on Friday, hitting $36.76. 153 shares of the stock traded hands, compared to its average volume of 25,417. The firm has a 50 day moving average price of $34.18 and a 200 day moving average price of $33.12. Neuberger Berman Japan Equity ETF has a fifty-two week low of $27.12 and a fifty-two week high of $36.95. The firm has a market cap of $137.85 million, a price-to-earnings ratio of 16.26 and a beta of 0.65.

Institutional Trading of Neuberger Berman Japan Equity ETF

An institutional investor recently bought a new position in Neuberger Berman Japan Equity ETF stock. Jane Street Group LLC purchased a new position in Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 44,279 shares of the company’s stock, valued at approximately $1,099,000. Jane Street Group LLC owned about 5.37% of Neuberger Berman Japan Equity ETF at the end of the most recent quarter.

Neuberger Berman Japan Equity ETF Company Profile

The Neuberger Berman Japan Equity ETF (NBJP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in equity securities of companies economically tied to Japan across all capitalizations and sectors. The fund targets firms it deems to be high-quality, with significant growth potential, aiming for long-term capital appreciation NBJP was launched on Sep 11, 2024 and is issued by Neuberger Berman.