Neuberger Small-Mid Cap ETF (NYSEARCA:NBSM – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,105 shares, a decrease of 41.5% from the September 15th total of 1,888 shares. Based on an average daily volume of 8,324 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Hedge Funds Weigh In On Neuberger Small-Mid Cap ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada purchased a new position in Neuberger Small-Mid Cap ETF in the 1st quarter worth approximately $1,288,000. Citadel Advisors LLC purchased a new stake in shares of Neuberger Small-Mid Cap ETF during the second quarter valued at approximately $355,000. Barnes Pettey Financial Advisors LLC lifted its position in shares of Neuberger Small-Mid Cap ETF by 9.4% during the first quarter. Barnes Pettey Financial Advisors LLC now owns 10,350 shares of the company’s stock worth $261,000 after purchasing an additional 889 shares in the last quarter. Finally, CX Institutional acquired a new position in shares of Neuberger Small-Mid Cap ETF during the third quarter worth $72,000.
Neuberger Small-Mid Cap ETF Trading Up 0.8%
NYSEARCA:NBSM traded up $0.21 during mid-day trading on Thursday, hitting $27.88. The company had a trading volume of 17,856 shares, compared to its average volume of 41,881. The business has a fifty day simple moving average of $28.46 and a 200-day simple moving average of $27.62. Neuberger Small-Mid Cap ETF has a 1 year low of $24.31 and a 1 year high of $29.61. The firm has a market capitalization of $109.29 million, a price-to-earnings ratio of 26.86 and a beta of 0.79.
About Neuberger Small-Mid Cap ETF
The Neuberger Berman Small-Mid Cap ETF (NBSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, focusing on capital appreciation through investments in small- and mid-cap companies aligned with the Russell 2000 and Midcap Index. NBSM was launched on Mar 20, 2024 and is issued by Neuberger Berman.
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