Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) Stock Short Interest Climbs 335.7%

Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,828 shares, an increase of 335.7% from the August 31st total of 649 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 374 shares, the short-interest ratio is presently 7.6 days.

Neuberger Flexible Credit Income ETF Price Performance

NBFC stock traded down $0.28 during midday trading on Friday, reaching $49.58. The company’s stock had a trading volume of 1,979 shares, compared to its average volume of 1,774. Neuberger Flexible Credit Income ETF has a 52 week low of $49.53 and a 52 week high of $55.64. The business’s 50-day simple moving average is $50.40 and its 200-day simple moving average is $50.55.

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.