Neuberger Core Equity ETF (NYSEARCA:NBCR) Sees Large Decrease in Short Interest

Neuberger Core Equity ETF (NYSEARCA:NBCR) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 233 shares, a drop of 98.9% from the September 15th total of 22,065 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 48,507 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Neuberger Core Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE increased its stake in Neuberger Core Equity ETF by 221.4% in the first quarter. Bank of America Corp DE now owns 8,206 shares of the company’s stock worth $243,000 after purchasing an additional 5,653 shares during the period. HB Wealth Management LLC purchased a new position in Neuberger Core Equity ETF in the 2nd quarter worth about $426,000. Royal Bank of Canada increased its stake in Neuberger Core Equity ETF by 2,067.2% in the 1st quarter. Royal Bank of Canada now owns 19,895 shares of the company’s stock worth $590,000 after buying an additional 18,977 shares during the period. Finally, Ibex Wealth Advisors bought a new stake in Neuberger Core Equity ETF during the 4th quarter valued at about $653,000.

Neuberger Core Equity ETF Trading Up 0.6%

Shares of NBCR stock traded up $0.21 during trading hours on Friday, reaching $34.72. 9,315 shares of the stock were exchanged, compared to its average volume of 82,045. Neuberger Core Equity ETF has a 12-month low of $28.80 and a 12-month high of $34.99. The company’s 50-day moving average price is $34.44 and its 200-day moving average price is $33.31. The firm has a market capitalization of $852.72 million, a price-to-earnings ratio of 26.34 and a beta of 0.99.

About Neuberger Core Equity ETF

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.