Short Interest in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Increases By 99.0%

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 32,897 shares, a growth of 99.0% from the December 31st total of 16,535 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 181,019 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 181,019 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

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

Neuberger Berman Short Duration Income ETF Trading Up 0.1%

Shares of NBSD stock opened at $51.26 on Friday. The firm’s 50-day simple moving average is $51.20 and its 200-day simple moving average is $51.18. Neuberger Berman Short Duration Income ETF has a 1-year low of $49.63 and a 1-year high of $51.57.

Neuberger Berman Short Duration Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 27th were paid a dividend of $0.1977 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) annualized dividend and a dividend 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.