Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) Stock Short Interest Drops 75.0%

Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 708 shares, a decrease of 75.0% from the September 15th total of 2,828 shares. Based on an average trading volume of 10,231 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Neuberger Flexible Credit Income ETF Stock Performance

Shares of NBFC stock traded down $0.07 during trading on Tuesday, reaching $49.39. The company’s stock had a trading volume of 2,496 shares, compared to its average volume of 5,398. Neuberger Flexible Credit Income ETF has a one year low of $49.01 and a one year high of $55.64. The business has a fifty day moving average price of $50.18 and a 200-day moving average price of $50.46.

About Neuberger Flexible Credit Income ETF

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.