Short Interest in Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Rises By 251.0%

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,342 shares, a growth of 251.0% from the May 31st total of 1,237 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 228,028 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Neuberger Berman Small-Mid Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Barnes Pettey Financial Advisors LLC increased its position in Neuberger Berman Small-Mid Cap ETF by 10.2% in the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock valued at $239,000 after acquiring an additional 873 shares during the period. Citadel Advisors LLC acquired a new position in Neuberger Berman Small-Mid Cap ETF during the 3rd quarter worth $337,000. Susquehanna International Group LLP boosted its position in Neuberger Berman Small-Mid Cap ETF by 77.5% during the 3rd quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock worth $451,000 after acquiring an additional 7,776 shares during the period. Worth Financial Advisory Group LLC grew its stake in shares of Neuberger Berman Small-Mid Cap ETF by 2.5% in the fourth quarter. Worth Financial Advisory Group LLC now owns 26,514 shares of the company’s stock worth $669,000 after purchasing an additional 637 shares in the last quarter. Finally, Royal Bank of Canada bought a new position in shares of Neuberger Berman Small-Mid Cap ETF in the first quarter worth $738,000.

Neuberger Berman Small-Mid Cap ETF Stock Up 0.6%

Neuberger Berman Small-Mid Cap ETF stock opened at $28.50 on Friday. Neuberger Berman Small-Mid Cap ETF has a 52-week low of $24.31 and a 52-week high of $28.50. The firm has a market capitalization of $240.25 million, a price-to-earnings ratio of 26.86 and a beta of 0.83. The firm has a 50-day moving average price of $26.89 and a two-hundred day moving average price of $26.39.

Neuberger Berman Small-Mid Cap ETF Company Profile

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.