Short Interest in Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) Expands By 258.6%

Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) saw a large 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 currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Neuberger Flexible Credit Income ETF Price Performance

NBFC traded down $0.07 during midday trading on Monday, hitting $50.09. 1,127 shares of the company traded hands, 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 $50.62. Neuberger Flexible Credit Income ETF has a 52 week low of $49.65 and a 52 week high of $55.64.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Neuberger Flexible Credit Income ETF stock. Jane Street Group LLC increased its stake in Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) by 210.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,070 shares of the company’s stock after purchasing an additional 15,631 shares during the quarter. Jane Street Group LLC owned 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 Company Profile

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.