Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Sees Large Drop in Short Interest

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 8,771 shares, a decrease of 83.7% from the December 15th total of 53,911 shares. Based on an average daily trading volume, of 36,051 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 36,051 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Neuberger Berman Small-Mid Cap ETF

Large investors have recently bought and sold shares of the company. Christopher J. Hasenberg Inc bought a new position in Neuberger Berman Small-Mid Cap ETF during the 2nd quarter valued at $126,000. Citadel Advisors LLC bought a new position in Neuberger Berman Small-Mid Cap ETF in the 3rd quarter worth approximately $337,000. Susquehanna International Group LLP raised its stake in shares of Neuberger Berman Small-Mid Cap ETF by 77.5% during the third quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock valued at $451,000 after purchasing an additional 7,776 shares in the last quarter. Worth Financial Advisory Group LLC acquired a new position in shares of Neuberger Berman Small-Mid Cap ETF during the second quarter valued at approximately $553,000. Finally, Royal Bank of Canada bought a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the 1st quarter worth $738,000.

Neuberger Berman Small-Mid Cap ETF Stock Up 0.2%

Shares of NBSM traded up $0.05 during mid-day trading on Monday, reaching $26.47. 10,675 shares of the company’s stock were exchanged, compared to its average volume of 16,368. Neuberger Berman Small-Mid Cap ETF has a 52-week low of $20.83 and a 52-week high of $26.56. The company has a 50-day simple moving average of $25.48 and a two-hundred day simple moving average of $25.52. The company has a market cap of $210.97 million, a price-to-earnings ratio of 26.86 and a beta of 0.98.

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.