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

Neuberger Japan Equity ETF (NYSEARCA:NBJP) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 5,670 shares, a decline of 69.3% from the August 31st total of 18,454 shares. Based on an average daily volume of 5,797 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are sold short.

Neuberger Japan Equity ETF Stock Down 0.7%

Shares of NBJP traded down $0.25 during trading on Monday, reaching $35.77. The company’s stock had a trading volume of 624 shares, compared to its average volume of 19,306. The company has a market cap of $125.20 million, a price-to-earnings ratio of 16.26 and a beta of 0.68. The company has a fifty day moving average of $35.85 and a two-hundred day moving average of $35.36. Neuberger Japan Equity ETF has a twelve month low of $28.72 and a twelve month high of $38.95.

Neuberger 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.