Neuberger Japan Equity ETF (NYSEARCA:NBJP – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 18,454 shares, a growth of 414.5% from the August 15th total of 3,587 shares. Based on an average daily volume of 3,325 shares, the days-to-cover ratio is currently 5.6 days. Approximately 0.5% of the company’s stock are short sold.
Hedge Funds Weigh In On Neuberger Japan Equity ETF
A hedge fund recently raised its stake in Neuberger Japan Equity ETF stock. Jane Street Group LLC grew its holdings in shares of Neuberger Japan Equity ETF (NYSEARCA:NBJP – Free Report) by 12.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the company’s stock after purchasing an additional 5,721 shares during the quarter. Jane Street Group LLC owned approximately 4.27% of Neuberger Japan Equity ETF worth $1,412,000 at the end of the most recent reporting period.
Neuberger Japan Equity ETF Price Performance
Shares of NYSEARCA NBJP traded up $0.90 during mid-day trading on Friday, reaching $36.05. 3,181 shares of the company’s stock traded hands, compared to its average volume of 20,415. The stock has a market cap of $131.58 million, a P/E ratio of 16.26 and a beta of 0.68. Neuberger Japan Equity ETF has a 1-year low of $28.72 and a 1-year high of $38.95. The business has a 50-day simple moving average of $35.98 and a 200 day simple moving average of $35.28.
About Neuberger Japan Equity ETF
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.
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