Neuberger Core Equity ETF (NYSEARCA:NBCR) Stock Short Interest Report for October

Neuberger Core Equity ETF (NYSEARCA:NBCR) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 7,527 shares, an increase of 3,130.5% from the September 30th total of 233 shares. Based on an average daily trading volume, of 39,481 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in NBCR. Bank of America Corp DE raised its position in shares of Neuberger Core Equity ETF by 221.4% in the first quarter. Bank of America Corp DE now owns 8,206 shares of the company’s stock valued at $243,000 after buying an additional 5,653 shares in the last quarter. HB Wealth Management LLC bought a new stake in shares of Neuberger Core Equity ETF during the 2nd quarter valued at $426,000. Finally, Royal Bank of Canada increased its position in shares of Neuberger 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 period.

Neuberger Core Equity ETF Stock Up 0.6%

Shares of NBCR traded up $0.22 during midday trading on Monday, reaching $34.21. 27,512 shares of the stock were exchanged, compared to its average volume of 79,199. The stock’s 50 day simple moving average is $34.37 and its 200 day simple moving average is $33.66. The company has a market cap of $844.64 million, a P/E ratio of 26.34 and a beta of 0.99. Neuberger Core Equity ETF has a twelve month low of $28.80 and a twelve month high of $34.99.

About Neuberger 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.