Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Short Interest Down 53.8% in January

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 15,204 shares, a decline of 53.8% from the January 15th total of 32,897 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 228,053 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 228,053 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Neuberger Berman Short Duration Income ETF

A number of large investors have recently modified their holdings of the business. Geneos Wealth Management Inc. bought a new position in shares of Neuberger Berman Short Duration Income ETF in the 3rd quarter valued at about $50,000. Comerica Bank acquired a new position in Neuberger Berman Short Duration Income ETF during the third quarter valued at approximately $102,000. J.W. Cole Advisors Inc. acquired a new position in Neuberger Berman Short Duration Income ETF during the second quarter valued at approximately $200,000. Relyea Zuckerberg Hanson LLC bought a new position in Neuberger Berman Short Duration Income ETF in the third quarter valued at approximately $202,000. Finally, Robinson Smith Wealth Advisors LLC acquired a new position in shares of Neuberger Berman Short Duration Income ETF during the 2nd quarter worth approximately $227,000.

Neuberger Berman Short Duration Income ETF Price Performance

Shares of NBSD traded up $0.03 during mid-day trading on Thursday, hitting $51.35. 180,226 shares of the company’s stock were exchanged, compared to its average volume of 203,504. Neuberger Berman Short Duration Income ETF has a 52 week low of $49.63 and a 52 week high of $51.57. The company has a 50-day simple moving average of $51.22 and a 200 day simple moving average of $51.19.

Neuberger Berman Short Duration Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were given a $0.1977 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

About Neuberger Berman Short Duration Income ETF

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.