Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) Sees Significant Growth in Short Interest

Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 100,626 shares, a growth of 51,503.1% from the April 15th total of 195 shares. Based on an average daily volume of 22,628 shares, the short-interest ratio is presently 4.4 days. Approximately 2.7% of the shares of the stock are sold short.

Institutional Investors Weigh In On Neuberger Berman Japan Equity ETF

A hedge fund recently bought a new stake in Neuberger Berman Japan Equity ETF stock. Jane Street Group LLC acquired a new position in shares of Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 44,279 shares of the company’s stock, valued at approximately $1,099,000. Jane Street Group LLC owned approximately 5.37% of Neuberger Berman Japan Equity ETF at the end of the most recent reporting period.

Neuberger Berman Japan Equity ETF Price Performance

NBJP traded up $0.37 during midday trading on Monday, reaching $36.58. 4,089 shares of the company’s stock were exchanged, compared to its average volume of 26,165. The stock has a market capitalization of $137.18 million, a PE ratio of 16.26 and a beta of 0.65. The business’s 50-day moving average price is $33.55 and its 200 day moving average price is $32.52. Neuberger Berman Japan Equity ETF has a 1-year low of $26.35 and a 1-year high of $36.59.

About Neuberger Berman Japan Equity ETF

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.