Short Interest in Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Expands By 164.6%

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 7,837 shares, a growth of 164.6% from the March 31st total of 2,962 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 20,390 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Neuberger Berman Small-Mid Cap ETF

A number of institutional investors and hedge funds have recently bought and sold shares of NBSM. Barnes Pettey Financial Advisors LLC increased its position in Neuberger Berman Small-Mid Cap ETF by 10.2% during the 4th quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock worth $239,000 after purchasing an additional 873 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Neuberger Berman Small-Mid Cap ETF during the 3rd quarter worth approximately $337,000. Susquehanna International Group LLP increased its position in Neuberger Berman Small-Mid Cap ETF by 77.5% during the 3rd quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock worth $451,000 after purchasing an additional 7,776 shares in the last quarter. Worth Financial Advisory Group LLC increased its position in Neuberger Berman Small-Mid Cap ETF by 17.2% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 25,877 shares of the company’s stock worth $655,000 after purchasing an additional 3,793 shares in the last quarter. Finally, Royal Bank of Canada acquired a new stake in Neuberger Berman Small-Mid Cap ETF during the 1st quarter worth approximately $738,000.

Neuberger Berman Small-Mid Cap ETF Stock Down 0.1%

NYSEARCA:NBSM opened at $26.99 on Friday. The stock has a fifty day simple moving average of $26.13 and a 200-day simple moving average of $25.90. The company has a market capitalization of $226.72 million, a PE ratio of 26.86 and a beta of 0.93. Neuberger Berman Small-Mid Cap ETF has a 52-week low of $22.84 and a 52-week high of $27.64.

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.