Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Short Interest Update

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 53,911 shares, an increase of 2,412.2% from the November 30th total of 2,146 shares. Based on an average daily volume of 46,203 shares, the short-interest ratio is presently 1.2 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average daily volume of 46,203 shares, the short-interest ratio is presently 1.2 days.

Neuberger Berman Small-Mid Cap ETF Price Performance

Neuberger Berman Small-Mid Cap ETF stock traded up $0.06 during mid-day trading on Wednesday, hitting $25.72. The company’s stock had a trading volume of 25,317 shares, compared to its average volume of 39,910. The business has a 50 day moving average price of $25.35 and a 200-day moving average price of $25.42. Neuberger Berman Small-Mid Cap ETF has a 12 month low of $20.83 and a 12 month high of $26.50. The stock has a market cap of $187.24 million, a price-to-earnings ratio of 26.86 and a beta of 0.98.

Institutional Investors Weigh In On Neuberger Berman Small-Mid Cap ETF

Several institutional investors have recently bought and sold shares of NBSM. Raymond James Financial Inc. bought a new position in Neuberger Berman Small-Mid Cap ETF during the 1st quarter worth approximately $3,445,000. Broadway Wealth Solutions Inc. purchased a new stake in shares of Neuberger Berman Small-Mid Cap ETF during the second quarter valued at approximately $1,712,000. Bank of America Corp DE grew its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 49.1% in the second quarter. Bank of America Corp DE now owns 190,347 shares of the company’s stock worth $4,766,000 after purchasing an additional 62,688 shares during the last quarter. Motco bought a new position in shares of Neuberger Berman Small-Mid Cap ETF in the second quarter worth approximately $1,334,000. Finally, Royal Bank of Canada purchased 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 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.