Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Short Interest Down 69.4% in May

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 70 shares, a decline of 69.4% from the April 30th total of 229 shares. Based on an average daily volume of 1,081 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Neuberger Berman Flexible Credit Income ETF

An institutional investor recently raised its position in Neuberger Berman Flexible Credit Income ETF stock. Jane Street Group LLC increased its stake in shares of Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) by 210.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,070 shares of the company’s stock after buying an additional 15,631 shares during the quarter. Jane Street Group LLC owned about 2.20% of Neuberger Berman Flexible Credit Income ETF worth $1,161,000 as of its most recent SEC filing.

Neuberger Berman Flexible Credit Income ETF Stock Up 0.1%

NYSEARCA NBFC opened at $50.71 on Friday. The firm’s fifty day simple moving average is $50.60 and its two-hundred day simple moving average is $51.11. Neuberger Berman Flexible Credit Income ETF has a 12-month low of $49.65 and a 12-month high of $55.64.

Neuberger Berman 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.