Short Interest in Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) Declines By 74.2%

Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,163 shares, a decrease of 74.2% from the July 15th total of 12,277 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 23,306 shares, the short-interest ratio is presently 0.1 days.

Neuberger Berman Japan Equity ETF Stock Performance

NYSEARCA NBJP traded up $0.20 during mid-day trading on Thursday, reaching $37.24. 583 shares of the stock were exchanged, compared to its average volume of 22,464. Neuberger Berman Japan Equity ETF has a 1-year low of $28.72 and a 1-year high of $38.95. The stock has a market capitalization of $135.93 million, a PE ratio of 16.26 and a beta of 0.69. The business’s fifty day simple moving average is $36.34 and its 200 day simple moving average is $35.03.

Hedge Funds Weigh In On Neuberger Berman Japan Equity ETF

A hedge fund recently bought a new position in Neuberger Berman Japan Equity ETF stock. Jane Street Group LLC bought a new position in shares of Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 44,279 shares of the company’s stock, valued at approximately $1,099,000. Jane Street Group LLC owned 5.37% of Neuberger Berman Japan Equity ETF at the end of the most recent quarter.

Neuberger Berman Japan Equity ETF Company Profile

The Neuberger Berman Japan Equity ETF (NBJP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in equity securities of companies economically tied to Japan across all capitalizations and sectors. The fund targets firms it deems to be high-quality, with significant growth potential, aiming for long-term capital appreciation NBJP was launched on Sep 11, 2024 and is issued by Neuberger Berman.