Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) Short Interest Down 100.0% in July

Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 1 shares, a drop of 100.0% from the June 30th total of 2,361 shares. Based on an average daily trading volume, of 939 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Neuberger Berman Flexible Credit Income ETF stock. Smartleaf Asset Management LLC bought a new stake in shares of Neuberger Berman Flexible Credit Income ETF (NYSEARCA:NBFC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 49,739 shares of the company’s stock, valued at approximately $2,553,000. Smartleaf Asset Management LLC owned approximately 3.92% of Neuberger Berman Flexible Credit Income ETF as of its most recent SEC filing.

Neuberger Berman Flexible Credit Income ETF Price Performance

NBFC stock traded up $0.02 during mid-day trading on Friday, reaching $50.32. The company had a trading volume of 609 shares, compared to its average volume of 1,864. The firm has a 50 day moving average of $50.65 and a 200 day moving average of $50.87. Neuberger Berman Flexible Credit Income ETF has a 12 month low of $49.65 and a 12 month high of $55.64.

About Neuberger Berman Flexible Credit Income ETF

The Neuberger Berman Flexible Credit Income ETF (NBFC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, globally investing in fixed-income securities of any credit quality and maturity. The fund seeks high current income, and to a lesser extent, long-term capital appreciation. NBFC was launched on Jun 24, 2024 and is issued by Neuberger Berman.