Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) Sees Significant Increase in Short Interest

Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 12,277 shares, an increase of 226.1% from the June 30th total of 3,765 shares. Based on an average daily volume of 8,372 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Neuberger Berman Japan Equity ETF

An institutional investor recently bought a new position in Neuberger Berman Japan Equity ETF stock. Jane Street Group LLC purchased a new position in Neuberger Berman Japan Equity ETF (NYSEARCA:NBJP) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,789 shares of the company’s stock, valued at approximately $332,000. Jane Street Group LLC owned about 0.41% of Neuberger Berman Japan Equity ETF at the end of the most recent reporting period.

Neuberger Berman Japan Equity ETF Price Performance

Shares of NBJP stock traded up $0.47 on Friday, hitting $35.38. The company’s stock had a trading volume of 12,322 shares, compared to its average volume of 22,642. Neuberger Berman Japan Equity ETF has a fifty-two week low of $27.96 and a fifty-two week high of $38.95. The firm’s fifty day moving average price is $36.40 and its 200-day moving average price is $34.72. The stock has a market capitalization of $127.37 million, a price-to-earnings ratio of 16.26 and a beta of 0.66.

Neuberger Berman Japan Equity ETF Company Profile

The Neuberger Berman Japan Equity ETF (NBJP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in equity securities of companies economically tied to Japan across all capitalizations and sectors. The fund targets firms it deems to be high-quality, with significant growth potential, aiming for long-term capital appreciation NBJP was launched on Sep 11, 2024 and is issued by Neuberger Berman.