Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) Sees Significant Increase in Short Interest

by · The Markets Daily

Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 649 shares, a growth of 258.6% from the August 15th total of 181 shares. Based on an average daily trading volume, of 1,540 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Neuberger Flexible Credit Income ETF

An institutional investor recently raised its stake in Neuberger Flexible Credit Income ETF stock. Jane Street Group LLC boosted its holdings in Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC – Free Report) by 210.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,070 shares of the company’s stock after purchasing an additional 15,631 shares during the quarter. Jane Street Group LLC owned approximately 2.20% of Neuberger Flexible Credit Income ETF worth $1,161,000 at the end of the most recent quarter.

Neuberger Flexible Credit Income ETF Price Performance

NYSEARCA:NBFC remained flat at $50.17 during trading hours on Friday. The company’s stock had a trading volume of 1,127 shares, compared to its average volume of 1,719. The company’s 50 day moving average is $50.51 and its 200 day moving average is $50.63. Neuberger Flexible Credit Income ETF has a 52 week low of $49.65 and a 52 week high of $55.64.

About Neuberger Flexible Credit Income ETF

(Get Free Report)

The Neuberger Berman Flexible Credit Income ETF (NBFC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, globally investing in fixed-income securities of any credit quality and maturity. The fund seeks high current income, and to a lesser extent, long-term capital appreciation. NBFC was launched on Jun 24, 2024 and is issued by Neuberger Berman.

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