Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Sees Large Growth in Short Interest

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 7,522 shares, a growth of 105.8% from the May 31st total of 3,655 shares. Based on an average daily trading volume, of 126,396 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Neuberger Berman Core Equity ETF

Large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC bought a new position in shares of Neuberger Berman Core Equity ETF during the 4th quarter valued at $730,000. Ibex Wealth Advisors purchased a new stake in Neuberger Berman Core Equity ETF during the fourth quarter valued at $653,000. Wealth Enhancement Advisory Services LLC bought a new position in Neuberger Berman Core Equity ETF in the fourth quarter valued at about $642,000. Royal Bank of Canada boosted its position in Neuberger Berman Core Equity ETF by 2,067.2% in the first quarter. Royal Bank of Canada now owns 19,895 shares of the company’s stock worth $590,000 after purchasing an additional 18,977 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new position in Neuberger Berman Core Equity ETF in the fourth quarter worth about $361,000.

Neuberger Berman Core Equity ETF Trading Up 0.7%

NYSEARCA:NBCR traded up $0.24 during mid-day trading on Tuesday, reaching $33.49. The company’s stock had a trading volume of 16,285 shares, compared to its average volume of 108,906. The stock has a market cap of $865.38 million, a P/E ratio of 26.34 and a beta of 1.00. The firm’s fifty day moving average price is $33.16 and its two-hundred day moving average price is $31.92. Neuberger Berman Core Equity ETF has a 12-month low of $28.63 and a 12-month high of $34.00.

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.