Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Short Interest Down 72.4% in March

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) was the target of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 3,170 shares, a decline of 72.4% from the February 26th total of 11,468 shares. Based on an average daily volume of 21,473 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 21,473 shares, the short-interest ratio is currently 0.1 days.

Neuberger Berman Small-Mid Cap ETF Stock Up 0.5%

NBSM traded up $0.12 during midday trading on Wednesday, reaching $25.38. The company had a trading volume of 10,607 shares, compared to its average volume of 28,558. The business has a 50-day moving average of $26.46 and a two-hundred day moving average of $25.82. Neuberger Berman Small-Mid Cap ETF has a 1 year low of $20.83 and a 1 year high of $27.64. The company has a market cap of $201.77 million, a P/E ratio of 26.86 and a beta of 0.98.

Institutional Investors Weigh In On Neuberger Berman Small-Mid Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NBSM. Barnes Pettey Financial Advisors LLC raised its stake in Neuberger Berman Small-Mid Cap ETF by 10.2% during the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock worth $239,000 after acquiring an additional 873 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the third quarter worth $337,000. Susquehanna International Group LLP increased its stake in shares of Neuberger Berman Small-Mid Cap ETF by 77.5% in the third quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock worth $451,000 after purchasing an additional 7,776 shares in the last quarter. Worth Financial Advisory Group LLC raised its position in shares of Neuberger Berman Small-Mid Cap ETF by 17.2% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 25,877 shares of the company’s stock valued at $655,000 after purchasing an additional 3,793 shares during the period. Finally, Royal Bank of Canada bought a new stake in shares of Neuberger Berman Small-Mid Cap ETF during the 1st quarter valued at $738,000.

About Neuberger Berman Small-Mid Cap ETF

The Neuberger Berman Small-Mid Cap ETF (NBSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, focusing on capital appreciation through investments in small- and mid-cap companies aligned with the Russell 2000 and Midcap Index. NBSM was launched on Mar 20, 2024 and is issued by Neuberger Berman.