Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) Short Interest Up 258.6% in August

Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 649 shares, a growth of 258.6% from the August 15th total of 181 shares. Based on an average daily volume of 1,540 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Neuberger Flexible Credit Income ETF

An institutional investor recently bought a new position in Neuberger Flexible Credit Income ETF stock. Smartleaf Asset Management LLC acquired a new stake in shares of Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 49,739 shares of the company’s stock, valued at approximately $2,553,000. Smartleaf Asset Management LLC owned approximately 3.92% of Neuberger Flexible Credit Income ETF at the end of the most recent quarter.

Neuberger Flexible Credit Income ETF Stock Performance

NBFC stock remained flat at $50.17 during midday trading on Friday. The company’s stock had a trading volume of 1,127 shares, compared to its average volume of 1,719. The firm has a 50-day moving average price of $50.51 and a two-hundred day moving average price of $50.63. Neuberger Flexible Credit Income ETF has a 12 month low of $49.65 and a 12 month high of $55.64.

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.