Short Interest in Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) Declines By 60.9%

Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 469 shares, a drop of 60.9% from the December 31st total of 1,200 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 566,517 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 566,517 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Neuberger Berman Core Equity ETF Stock Performance

Shares of NBCR traded down $0.11 during trading hours on Thursday, reaching $31.90. The stock had a trading volume of 28,531 shares, compared to its average volume of 331,933. The company’s 50-day moving average is $31.72 and its two-hundred day moving average is $30.86. The stock has a market capitalization of $881.72 million, a PE ratio of 26.34 and a beta of 1.02. Neuberger Berman Core Equity ETF has a 12 month low of $22.47 and a 12 month high of $32.25.

Institutional Trading of Neuberger Berman Core Equity ETF

A hedge fund recently bought a new stake in Neuberger Berman Core Equity ETF stock. NewEdge Advisors LLC purchased a new stake in shares of Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 872 shares of the company’s stock, valued at approximately $27,000.

Neuberger Berman Core Equity ETF Company Profile

The Neuberger Berman Core Equity ETF (NBCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking long-term capital appreciation by investing in US large-cap stocks. The fund selects based on fundamental analysis conducted by portfolio managers in collaboration with research analysts. NBCR was launched on Jul 31, 2024 and is issued by Neuberger Berman.