Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Short Interest Update

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,400 shares, a decline of 67.9% from the August 15th total of 26,200 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 25,000 shares, the short-interest ratio is presently 0.3 days.

Neuberger Berman Small-Mid Cap ETF Trading Up 1.9%

NBSM stock opened at $26.08 on Friday. Neuberger Berman Small-Mid Cap ETF has a 1 year low of $20.83 and a 1 year high of $28.38. The company has a fifty day simple moving average of $25.67 and a 200 day simple moving average of $24.62. The firm has a market cap of $178.65 million and a PE ratio of 26.86.

Institutional Investors Weigh In On Neuberger Berman Small-Mid Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Christopher J. Hasenberg Inc acquired a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the 2nd quarter valued at $126,000. Worth Financial Advisory Group LLC acquired a new position in Neuberger Berman Small-Mid Cap ETF in the 2nd quarter valued at $553,000. Raymond James Financial Inc. grew its stake in Neuberger Berman Small-Mid Cap ETF by 20.8% in the 2nd quarter. Raymond James Financial Inc. now owns 173,905 shares of the company’s stock valued at $4,355,000 after buying an additional 29,995 shares during the last quarter. Royal Bank of Canada acquired a new position in Neuberger Berman Small-Mid Cap ETF in the 1st quarter valued at $738,000. Finally, Bank of America Corp DE acquired a new position in Neuberger Berman Small-Mid Cap ETF in the 4th quarter valued at $846,000.

About Neuberger Berman Small-Mid Cap ETF

The Neuberger Berman Small-Mid Cap ETF (NBSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, focusing on capital appreciation through investments in small- and mid-cap companies aligned with the Russell 2000 and Midcap Index. NBSM was launched on Mar 20, 2024 and is issued by Neuberger Berman.