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

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFCGet Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 1 shares, a decline of 100.0% from the June 30th total of 2,361 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 939 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Neuberger Berman Flexible Credit Income ETF

A hedge fund recently raised its position in Neuberger Berman Flexible Credit Income ETF stock. Jane Street Group LLC increased its holdings in Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFCFree Report) by 210.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,070 shares of the company’s stock after buying an additional 15,631 shares during the period. Jane Street Group LLC owned about 2.20% of Neuberger Berman Flexible Credit Income ETF worth $1,161,000 as of its most recent filing with the Securities & Exchange Commission.

Neuberger Berman Flexible Credit Income ETF Stock Up 0.0%

Neuberger Berman Flexible Credit Income ETF stock traded up $0.02 during midday trading on Friday, hitting $50.32. 609 shares of the company’s stock were exchanged, compared to its average volume of 1,864. The firm has a 50-day moving average of $50.65 and a two-hundred day moving average of $50.87. Neuberger Berman Flexible Credit Income ETF has a 12 month low of $49.65 and a 12 month high of $55.64.

Neuberger Berman Flexible Credit Income ETF Company Profile

(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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