Short Interest in Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Drops By 31.9%

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 658 shares, a decline of 31.9% from the January 29th total of 966 shares. Based on an average trading volume of 35,245 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 35,245 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC acquired a new stake in shares of Neuberger Berman Core Equity ETF during the fourth quarter worth $730,000. Ibex Wealth Advisors purchased a new position in shares of Neuberger Berman Core Equity ETF in the fourth quarter worth about $653,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Neuberger Berman Core Equity ETF during the fourth quarter worth about $642,000. Cetera Investment Advisers acquired a new stake in shares of Neuberger Berman Core Equity ETF during the fourth quarter worth about $361,000. Finally, NewEdge Advisors LLC lifted its stake in Neuberger Berman Core Equity ETF by 133.4% during the 4th quarter. NewEdge Advisors LLC now owns 2,035 shares of the company’s stock valued at $64,000 after acquiring an additional 1,163 shares during the period.

Neuberger Berman Core Equity ETF Price Performance

Shares of NBCR traded down $0.14 during mid-day trading on Friday, reaching $31.47. 27,731 shares of the company’s stock traded hands, compared to its average volume of 193,203. Neuberger Berman Core Equity ETF has a 12 month low of $22.47 and a 12 month high of $32.25. The stock has a market cap of $885.57 million, a P/E ratio of 26.34 and a beta of 1.02. The stock’s 50-day moving average is $31.71 and its two-hundred day moving average is $31.19.

About Neuberger Berman Core Equity ETF

The Neuberger Berman Core Equity ETF (NBCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking long-term capital appreciation by investing in US large-cap stocks. The fund selects based on fundamental analysis conducted by portfolio managers in collaboration with research analysts. NBCR was launched on Jul 31, 2024 and is issued by Neuberger Berman.