Neuberger Flexible Credit Income ETF (NYSEARCA:NBFC – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 7,032 shares, an increase of 893.2% from the September 30th total of 708 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 60,181 shares, the days-to-cover ratio is presently 0.1 days.
Neuberger Flexible Credit Income ETF Price Performance
NBFC traded down $0.04 during trading hours on Wednesday, reaching $49.25. 1,652 shares of the stock traded hands, compared to its average volume of 5,364. The firm’s fifty day simple moving average is $49.88 and its two-hundred day simple moving average is $50.58. Neuberger Flexible Credit Income ETF has a fifty-two week low of $49.01 and a fifty-two week high of $51.82.
About Neuberger 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.
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